NASDAQ:COST', 'Costco Wholesale Corporation', 'http://weeklyregister.com/weekly-register-logo.png');

Reaffirmed: Costco (NASDAQ:COST) Buy Rating Kept by UBS; $190.0 Target in Place

December 7, 2017 - By Louis Casey

 Reaffirmed: Costco (NASDAQ:COST) Buy Rating Kept by UBS; $190.0 Target in Place

Investors sentiment increased to 1.28 in 2017 Q2. Its up 0.40, from 0.88 in 2017Q1. It increased, 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.

Marco Inv Limited Liability Com holds 1.82% in Costco Wholesale Corporation (NASDAQ:COST) or 68,828 shares. 129,024 were reported by Jane Street Grp Inc Lc. Covington Advisors invested in 5,625 shares or 0.34% of the stock. Gemmer Asset Management Ltd Liability holds 0.71% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 10,538 shares. Commonwealth State Bank Of holds 0.08% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 46,912 shares. Greenleaf Tru stated it has 0.01% in Costco Wholesale Corporation (NASDAQ:COST). Jefferies Group Llc owns 177,409 shares or 0.19% of their US portfolio. Capstone Asset Co holds 50,249 shares. First Merchants Corporation holds 0.71% in Costco Wholesale Corporation (NASDAQ:COST) or 16,143 shares. Connecticut-based Massmutual Fsb Adv has invested 0% in Costco Wholesale Corporation (NASDAQ:COST). Gofen Glossberg Ltd Liability Corp Il has 0.55% invested in Costco Wholesale Corporation (NASDAQ:COST). Shelton Management accumulated 38,347 shares. 539 were reported by Baystate Wealth Mngmt Limited Co. Bbva Compass National Bank & Trust holds 0.22% or 20,781 shares in its portfolio. Wilbanks Smith & Thomas Asset Ltd Liability Corp holds 0.04% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 2,672 shares.

Costco (NASDAQ:COST) Rating Reaffirmed

Costco (NASDAQ:COST) just had their share rating of a ‘Buy’ issued by research analysts at UBS, who now has a $190.0 target on the $81.37 billion market cap company or a 2.04 % upside potential. This key information was revealed to investors in analysts report on Friday, 6 October.

Investors sentiment increased to 1.28 in 2017 Q2. Its up 0.40, from 0.88 in 2017Q1. It increased, 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.

Marco Inv Limited Liability Com holds 1.82% in Costco Wholesale Corporation (NASDAQ:COST) or 68,828 shares. 129,024 were reported by Jane Street Grp Inc Lc. Covington Advisors invested in 5,625 shares or 0.34% of the stock. Gemmer Asset Management Ltd Liability holds 0.71% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 10,538 shares. Commonwealth State Bank Of holds 0.08% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 46,912 shares. Greenleaf Tru stated it has 0.01% in Costco Wholesale Corporation (NASDAQ:COST). Jefferies Group Llc owns 177,409 shares or 0.19% of their US portfolio. Capstone Asset Co holds 50,249 shares. First Merchants Corporation holds 0.71% in Costco Wholesale Corporation (NASDAQ:COST) or 16,143 shares. Connecticut-based Massmutual Fsb Adv has invested 0% in Costco Wholesale Corporation (NASDAQ:COST). Gofen Glossberg Ltd Liability Corp Il has 0.55% invested in Costco Wholesale Corporation (NASDAQ:COST). Shelton Management accumulated 38,347 shares. 539 were reported by Baystate Wealth Mngmt Limited Co. Bbva Compass National Bank & Trust holds 0.22% or 20,781 shares in its portfolio. Wilbanks Smith & Thomas Asset Ltd Liability Corp holds 0.04% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 2,672 shares.

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. Barclays Capital maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Thursday, March 31. Barclays Capital has “Equal-Weight” rating and $180 target. RBC Capital Markets initiated the stock with “Outperform” rating in Tuesday, May 3 report. BMO Capital Markets maintained the shares of COST in report on Monday, August 28 with “Hold” rating. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Mkt Perform” rating given on Monday, February 6 by Bernstein. The firm has “Buy” rating by Cowen & Co given on Thursday, August 24. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Hold” rating by Jefferies on Tuesday, August 22. Deutsche Bank maintained Costco Wholesale Corporation (NASDAQ:COST) on Monday, May 16 with “Buy” rating. The stock has “Hold” rating by Wells Fargo on Thursday, August 3. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given on Monday, December 19 by Citigroup. The firm earned “Outperform” rating on Thursday, December 8 by Credit Suisse.

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: “Should You Buy Costco At Today’s Price?” on November 28, 2017, also Seekingalpha.com with their article: “Costco: The Street Can Be So Gullible” published on December 03, 2017, Seekingalpha.com published: “Will Amazon Disrupt The Business Model Of Costco?” on November 28, 2017. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Seekingalpha.com and their article: “Raymond James sees new highs for Costco” published on December 05, 2017 as well as Nasdaq.com‘s news article titled: “Costco Wholesale Corporation (COST) Ex-Dividend Date Scheduled for November 16 …” with publication date: November 15, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.