Key Equity Research Analysts at UBS Maintain their ‘”Buy”’ rating for Costco (NASDAQ:COST) Shares Today. Their PT is Set to $190.0

December 7, 2017 - By Adrian Erickson

 Key Equity Research Analysts at UBS Maintain their ‘

Investors sentiment increased to 1.28 in Q2 2017. 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.

Moreover, Vision Cap Mgmt has 1.12% invested in Costco Wholesale Corporation (NASDAQ:COST) for 20,382 shares. Financial Bank reported 9,301 shares. Raymond James Tru Na holds 0.16% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 12,980 shares. Exxonmobil Inv Mngmt Tx holds 0.34% or 84,209 shares. Ellington Mngmt Group Inc Llc reported 0.14% in Costco Wholesale Corporation (NASDAQ:COST). Destination Wealth Management reported 121,782 shares. Stevens Cap Limited Partnership stated it has 0.52% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Commonwealth Of Pennsylvania Pub School Empls Retrmt invested in 32,585 shares or 0.08% of the stock. Kingfisher Cap Limited Liability Company holds 6,679 shares. Bridges Inv Mngmt reported 0.09% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). 3,109 were reported by Garde Capital. City Holding holds 0.02% in Costco Wholesale Corporation (NASDAQ:COST) or 381 shares. Dynamic Advisors Solutions Limited Liability accumulated 8,484 shares. Ent Finance Corp, a Missouri-based fund reported 609 shares. 15,550 are owned by Advisory Svcs Net Limited Liability Co.

Costco (NASDAQ:COST) Rating Reaffirmed

Equities researchers at UBS now has a $190.0 PT on Costco (NASDAQ:COST). UBS and their recent PT suggests a potential upside of 2.04 % from the company’s current stock price. The rating has been disclosed to clients in analysts note on Friday, 6 October.

Investors sentiment increased to 1.28 in Q2 2017. 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.

Moreover, Vision Cap Mgmt has 1.12% invested in Costco Wholesale Corporation (NASDAQ:COST) for 20,382 shares. Financial Bank reported 9,301 shares. Raymond James Tru Na holds 0.16% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 12,980 shares. Exxonmobil Inv Mngmt Tx holds 0.34% or 84,209 shares. Ellington Mngmt Group Inc Llc reported 0.14% in Costco Wholesale Corporation (NASDAQ:COST). Destination Wealth Management reported 121,782 shares. Stevens Cap Limited Partnership stated it has 0.52% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Commonwealth Of Pennsylvania Pub School Empls Retrmt invested in 32,585 shares or 0.08% of the stock. Kingfisher Cap Limited Liability Company holds 6,679 shares. Bridges Inv Mngmt reported 0.09% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). 3,109 were reported by Garde Capital. City Holding holds 0.02% in Costco Wholesale Corporation (NASDAQ:COST) or 381 shares. Dynamic Advisors Solutions Limited Liability accumulated 8,484 shares. Ent Finance Corp, a Missouri-based fund reported 609 shares. 15,550 are owned by Advisory Svcs Net Limited Liability Co.

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. The rating was upgraded by Vetr on Monday, August 24 to “Buy”. The rating was downgraded by Wolfe Research to “Peer Perform” on Friday, April 29. The firm earned “Buy” rating on Wednesday, June 28 by Robert W. Baird. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Outperform” rating by Raymond James on Monday, June 26. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given on Friday, January 20 by Stifel Nicolaus. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Outperform” rating given on Friday, February 5 by BMO Capital Markets. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Argus Research on Thursday, December 10. BMO Capital Markets maintained it with “Hold” rating and $160.0 target in Monday, August 28 report. Jefferies maintained the stock with “Hold” rating in Tuesday, August 22 report. UBS upgraded it to “Buy” rating and $180 target in Monday, October 26 report.

The stock decreased 0.54% or $1.02 during the last trading session, reaching $186.2. About 1.89 million 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: Fool.com which released: “Better Buy: Costco Wholesale Corporation vs. Amazon.com” on November 15, 2017, also Seekingalpha.com with their article: “Costco Posts Astronomical November Comps, Belongs Over $200” published on December 01, 2017, Seekingalpha.com published: “Should You Buy Costco At Today’s Price?” on November 28, 2017. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Fool.com and their article: “Why 2017 Was a Year to Forget for Costco Wholesale Corporation” published on December 02, 2017 as well as Seekingalpha.com‘s news article titled: “Will Amazon Disrupt The Business Model Of Costco?” with publication date: November 28, 2017.

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