-0.64 % to Target, Oppenheimer Reconfirms ‘”Buy”’ Rating on Costco (NASDAQ:COST) Shares Today

December 7, 2017 - By Linda Rogers

  0.64 % to Target, Oppenheimer Reconfirms ‘

Investors sentiment increased to 1.28 in 2017 Q2. Its up 0.40, from 0.88 in 2017Q1. It improved, as 64 investors sold Costco Wholesale Corporation shares while 376 reduced holdings. 123 funds opened positions while 438 raised stakes. 311.53 million shares or 2.27% less from 318.75 million shares in 2017Q1 were reported.

Private Retail Bank And Tru Communication owns 1,330 shares. Ssi Mngmt Incorporated owns 0.02% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1,629 shares. 15,748 were reported by Carlton Hofferkamp And Jenks Wealth Limited Liability Corporation. Agf Invests holds 494,469 shares. Lodestar Invest Counsel Limited Co Il accumulated 0.12% or 5,656 shares. National Bank owns 9,301 shares for 0.16% of their portfolio. Bradley Foster And Sargent Ct has invested 1.15% in Costco Wholesale Corporation (NASDAQ:COST). Atalanta Sosnoff Capital Limited Liability Company has invested 0.22% in Costco Wholesale Corporation (NASDAQ:COST). Avalon Advisors Lc invested 0.29% in Costco Wholesale Corporation (NASDAQ:COST). Canada Pension Plan Invest Board invested in 0.17% or 462,285 shares. Geode Capital Mngmt Ltd Limited Liability Company reported 4.78 million shares. 3,401 were reported by Natl Bank Of The West. Mcf Ltd Company holds 25 shares. Wade G W Incorporated has invested 0.09% in Costco Wholesale Corporation (NASDAQ:COST). Price T Rowe Assocs Md has invested 0.06% in Costco Wholesale Corporation (NASDAQ:COST).

Costco (NASDAQ:COST) Rating Reaffirmed

Recently, In a note published on Friday, 6 October, Costco (NASDAQ:COST) shares have had their “Buy” Rating maintained by stock analysts at Oppenheimer, who currently has a $185.0 target on company. This target by Oppenheimer gives the possibile downside of -0.64 % from the current stock price.

Investors sentiment increased to 1.28 in 2017 Q2. Its up 0.40, from 0.88 in 2017Q1. It improved, as 64 investors sold Costco Wholesale Corporation shares while 376 reduced holdings. 123 funds opened positions while 438 raised stakes. 311.53 million shares or 2.27% less from 318.75 million shares in 2017Q1 were reported.

Private Retail Bank And Tru Communication owns 1,330 shares. Ssi Mngmt Incorporated owns 0.02% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1,629 shares. 15,748 were reported by Carlton Hofferkamp And Jenks Wealth Limited Liability Corporation. Agf Invests holds 494,469 shares. Lodestar Invest Counsel Limited Co Il accumulated 0.12% or 5,656 shares. National Bank owns 9,301 shares for 0.16% of their portfolio. Bradley Foster And Sargent Ct has invested 1.15% in Costco Wholesale Corporation (NASDAQ:COST). Atalanta Sosnoff Capital Limited Liability Company has invested 0.22% in Costco Wholesale Corporation (NASDAQ:COST). Avalon Advisors Lc invested 0.29% in Costco Wholesale Corporation (NASDAQ:COST). Canada Pension Plan Invest Board invested in 0.17% or 462,285 shares. Geode Capital Mngmt Ltd Limited Liability Company reported 4.78 million shares. 3,401 were reported by Natl Bank Of The West. Mcf Ltd Company holds 25 shares. Wade G W Incorporated has invested 0.09% in Costco Wholesale Corporation (NASDAQ:COST). Price T Rowe Assocs Md has invested 0.06% in Costco Wholesale Corporation (NASDAQ:COST).

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

Among 31 analysts covering Costco Wholesale (NASDAQ:COST), 20 have Buy rating, 0 Sell and 11 Hold. Therefore 65% are positive. Costco Wholesale has $202.0 highest and $144.0 lowest target. $182.19’s average target is -2.15% below currents $186.2 stock price. Costco Wholesale had 107 analyst reports since August 24, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of COST in report on Thursday, November 30 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Wednesday, June 28. Stifel Nicolaus maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Friday, June 23. Stifel Nicolaus has “Buy” rating and $17300 target. The firm has “Buy” rating given on Thursday, August 3 by RBC Capital Markets. Jefferies maintained it with “Hold” rating and $162.0 target in Friday, October 6 report. The firm has “Hold” rating given on Monday, June 26 by Wells Fargo. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Stifel Nicolaus on Friday, May 26. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Oppenheimer on Thursday, August 31. The firm has “Overweight” rating given on Monday, October 5 by JP Morgan. The rating was initiated by Bernstein on Monday, February 6 with “Mkt Perform”.

The stock decreased 0.54% or $1.02 during the last trading session, reaching $186.2. About 1.89M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since December 7, 2016 and is uptrending. It has outperformed by 8.44% the S&P500.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company has market cap of $81.37 billion. It offers branded and private-label products in a range of merchandise categories. It has a 30.62 P/E ratio. The firm provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio; meat, bakery, deli, and produces; and apparel and small appliances.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Seekingalpha.com which released: “Costco: The Street Can Be So Gullible” on December 03, 2017, also Seekingalpha.com with their article: “Will Amazon Disrupt The Business Model Of Costco?” published on November 28, 2017, Seekingalpha.com published: “Costco Posts Astronomical November Comps, Belongs Over $200” on December 01, 2017. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Fool.com and their article: “Better Buy: Costco Wholesale Corporation vs. Amazon.com” published on November 15, 2017 as well as Fool.com‘s news article titled: “Why 2017 Was a Year to Forget for Costco Wholesale Corporation” with publication date: December 02, 2017.

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