TOday’s Movers: Costco (NASDAQ:COST) Stock Rating Maintained at Oppenheimer; $185.0 Target Price Indicates -0.64 % Potential

December 7, 2017 - By Louis Casey

 TOday’s Movers: Costco (NASDAQ:COST) Stock Rating Maintained at Oppenheimer; $185.0 Target Price Indicates  0.64 % Potential

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.

Paragon Management Ltd Liability Com owns 4.18% invested in Costco Wholesale Corporation (NASDAQ:COST) for 81,544 shares. Jpmorgan Chase holds 2.63M shares or 0.1% of its portfolio. Capital Fund Management holds 0.39% or 300,617 shares in its portfolio. Cantab Capital Partners Limited Liability Partnership invested in 1,864 shares. The Japan-based Fukoku Mutual Life Ins has invested 0.05% in Costco Wholesale Corporation (NASDAQ:COST). Rand Wealth Limited Liability holds 0.52% or 24,104 shares in its portfolio. 498,514 are held by Manufacturers Life Insurance The. Alpha Windward Ltd Liability Com accumulated 0.12% or 1,180 shares. Van Hulzen Asset Ltd Llc owns 13,961 shares or 0.89% of their US portfolio. Credit Suisse Ag stated it has 696,042 shares. Sand Hill Glob Advsrs accumulated 4,416 shares. Arrowgrass Cap Prns (Us) Lp reported 0.12% stake. Polaris Greystone Ltd invested 0.03% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Boyd Watterson Asset Ltd Limited Liability Company Oh accumulated 2,390 shares. Becker Management Incorporated, a Oregon-based fund reported 33,344 shares.

Costco (NASDAQ:COST) Rating Reaffirmed

In a note issued to clients and investors on 6 October, The Buy rating of Costco (NASDAQ:COST) shares was kept by Oppenheimer, who now has a $185.0 TP on the stock. Oppenheimer’s TP gives a possible downside of -0.64 % from the last stock close price of the company.

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.

Paragon Management Ltd Liability Com owns 4.18% invested in Costco Wholesale Corporation (NASDAQ:COST) for 81,544 shares. Jpmorgan Chase holds 2.63M shares or 0.1% of its portfolio. Capital Fund Management holds 0.39% or 300,617 shares in its portfolio. Cantab Capital Partners Limited Liability Partnership invested in 1,864 shares. The Japan-based Fukoku Mutual Life Ins has invested 0.05% in Costco Wholesale Corporation (NASDAQ:COST). Rand Wealth Limited Liability holds 0.52% or 24,104 shares in its portfolio. 498,514 are held by Manufacturers Life Insurance The. Alpha Windward Ltd Liability Com accumulated 0.12% or 1,180 shares. Van Hulzen Asset Ltd Llc owns 13,961 shares or 0.89% of their US portfolio. Credit Suisse Ag stated it has 696,042 shares. Sand Hill Glob Advsrs accumulated 4,416 shares. Arrowgrass Cap Prns (Us) Lp reported 0.12% stake. Polaris Greystone Ltd invested 0.03% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Boyd Watterson Asset Ltd Limited Liability Company Oh accumulated 2,390 shares. Becker Management Incorporated, a Oregon-based fund reported 33,344 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. As per Friday, October 23, the company rating was maintained by Williams Capital Group. Wells Fargo maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Monday, June 26. Wells Fargo has “Hold” rating and $17000 target. UBS maintained Costco Wholesale Corporation (NASDAQ:COST) on Friday, October 6 with “Buy” rating. Cleveland downgraded Costco Wholesale Corporation (NASDAQ:COST) on Friday, February 26 to “Neutral” rating. RBC Capital Markets initiated the shares of COST in report on Tuesday, May 3 with “Outperform” rating. As per Wednesday, December 9, the company rating was maintained by Deutsche Bank. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by RBC Capital Markets on Thursday, September 14. Telsey Advisory Group maintained the shares of COST in report on Thursday, January 5 with “Outperform” rating. As per Friday, February 12, the company rating was maintained by Oppenheimer. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Oppenheimer on Friday, November 3.

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: Seekingalpha.com which released: “Raymond James sees new highs for Costco” on December 05, 2017, also Fool.com with their article: “Better Buy: Costco Wholesale Corporation vs. Amazon.com” published on November 15, 2017, Fool.com published: “Why 2017 Was a Year to Forget for Costco Wholesale Corporation” on December 02, 2017. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Seekingalpha.com and their article: “Will Amazon Disrupt The Business Model Of Costco?” published on November 28, 2017 as well as Seekingalpha.com‘s news article titled: “Costco Posts Astronomical November Comps, Belongs Over $200” with publication date: December 01, 2017.

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