Costco Stock: Strong Financials and Analyst Optimism
Recent Performance
Costco Wholesale Corporation (COST) has been performing well financially with trailing-12-month sales reaching an impressive $150 billion. Analysts have also expressed optimism about the company's prospects, with 28 analysts providing 12-month price forecasts with an average target of $767.32.Analyst Price Targets
The 12-month analyst price targets range from $698.24 to $767.32, indicating a high level of confidence in the company's growth potential. This optimism is supported by Costco's strong financial performance and its established position as a leading retailer in the United States.Despite the positive outlook, analysts advise against investing in Costco stock at the current time. While the company may present a compelling investment opportunity with its average analyst price target of $767.32, a 15% special dividend has already boosted the excitement surrounding the stock.
With 35 analysts providing consensus forecasts, it is important to consider the latest results and market trends before making any investment decisions. Interested investors should consult with financial professionals and conduct thorough research to assess the risks and potential rewards associated with investing in Costco Wholesale Corporation.
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