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Ross Stores – Consenus Indicates Potential 2.3% Upside

Ross Stores with ticker code (ROST) now have 23 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 131 and 99 with the average target price sitting at 118.7. With the stocks previous close at 116 this would imply there is a potential upside of 2.3%. The day 50 moving average is 112.23 while the 200 day moving average is 105.92. The market cap for the company is $41,291m. You can visit the company’s website by visiting: http://www.rossstores.com

Ross Stores, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brands. Its stores primarily offers apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores primarily to middle ome households; and dd’s DISCOUNTS stores sell its products at department and discount stores regular prices to customers from households with moderate ome. As of October 14, 2019, it operated approximately 1,811 off-price apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS names in 39 states, the District of Columbia, and Guam. The company was founded in 1982 and is headquartered in Dublin, California.