Home » USA Broker Ratings » Costco Wholesale Corporation – Consenus Indicates Potential -.4% Downside

Costco Wholesale Corporation – Consenus Indicates Potential -.4% Downside

Costco Wholesale Corporation with ticker code (COST) now have 24 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 335 and 230 calculating the average target price we see 300. Now with the previous closing price of 301.08 this indicates there is a potential downside of -.4%. The 50 day moving average now sits at 293.09 while the 200 day moving average is 269.32. The company has a market cap of $132,717m. Company Website: http://www.costco.com

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories. The company 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 products; meat, bakery, and deli products, as well as produce; and apparel and small appliances. It also operates gas stations, pharmacies, optical dispensing centers, food courts, and hearing-aid centers; and offers business delivery, travel, and various other services online in various countries. As of September 1, 2019, the company operated 782 warehouses, including 543 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in South Korea, 13 in Taiwan, 11 in Australia, 2 in Spain, 1 in Iceland, 1 in France, and 1 in China. It also operates e-commerce Websites in the United States, Canada, the United Kingdom, Mexico, South Korea, and Taiwan. The company was formerly known as Costco Companies, Inc. and changed its name to Costco Wholesale Corporation in August 1999. Costco Wholesale Corporation was founded in 1976 and is based in Issaquah, Washington.