IFS Securities, Inc Maintains a Buy Rating on Pricesmart (PSMT)


IFS Securities, Inc analyst Ronald Bookbinder maintained a Buy rating on Pricesmart (NASDAQ: PSMT) on October 23 and set a price target of $100. The company’s shares closed on Friday at $69.16, close to its 52-week low of $67.49.

Bookbinder has an average return of 7.7% when recommending Pricesmart.

According to TipRanks.com, Bookbinder is ranked #255 out of 4884 analysts.

Currently, the analyst consensus on Pricesmart is a Moderate Buy with an average price target of $100.

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Pricesmart’s market cap is currently $2.11B and has a P/E ratio of 28.00. The company has a Price to Book ratio of 2.81.

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PriceSmart, Inc. engages in the international management and operation of membership warehouse clubs. The firm operates through the following geographical segments: Latin America, Caribbean, and the United States. It offers retail products and provides services including bakery, food court, and tire center.

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