Deutsche Bank (DE:DBKGn) analyst Paul Trussell maintained a Hold rating on Costco on Friday, setting a price target of $305, which is approximately 12.10% below the present share price of $347.
Trussell expects Costco to post earnings per share (EPS) of $1.90 for the third quarter of 2020.
The current consensus among 25 TipRanks analysts is for a Moderate Buy rating of shares in Costco, with an average price target of $368.55.
The analysts price targets range from a high of $410 to a low of $305.
In its latest earnings report, released on 05/31/2020, the company reported a quarterly revenue of $37.27 billion and a net profit of $1.18 billion. The company's market cap is $153.21 billion.
According to TipRanks.com, Deutsche Bank analyst Paul Trussell is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 3.4% and a 55.66% success rate.
Costco Wholesale Corp (NASDAQ:COST). engages in the operation of membership warehouses. Its product categories include food and sundries, hardlines, fresh foods, softlines, and ancillary. It operates through the following segments: Unites States Operations, Canadian Operations, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.