Credit Suisse (SIX:CSGN) analyst Michael Binetti maintained a Buy rating on Ross Stores (NASDAQ:ROST) on Friday, setting a price target of $145, which is approximately 14.55% above the present share price of $126.58.
Binetti expects Ross Stores to post earnings per share (EPS) of $1.35 for the third quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Ross Stores, with an average price target of $141.45.
The analysts price targets range from a high of $153 to a low of $131.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $4.52 billion and a net profit of $642.63 million. The company's market cap is $45.2 billion.
According to TipRanks.com, Credit Suisse analyst Michael Binetti is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.3% and a 62.07% success rate.
California-based Ross Stores, Inc. operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd's DISCOUNTS brands. Its products include branded and designer apparel, accessories, footwear, and home fashions.