Based on analysts' expectations, Costco Wholesale (COST) is likely to be priced at approximately $889.53 by the end of this month1. This average price target represents a 2.84% change from the current stock price of $878.57 as of September 3, 2024.
Analysts have a strong buy consensus rating for Costco, with 23 analysts giving the stock ratings and 19 of them recommending a buy2. This positive sentiment is reflected in the average price target, which is higher than the current price, indicating analyst optimism about the stock's future performance.
It's important to note that price targets and ratings are based on analysts' opinions and can be influenced by various factors such as financial performance, industry trends, and market conditions. While analysts are optimistic about Costco's prospects, investors should consider these expectations in the context of their own investment goals and risk tolerance.
9/4/2024 02:17am
