Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Costco (COST) and Ulta Beauty (ULTA).
Costco (COST)
Raymond James analyst Bobby Griffin reiterated a Buy rating on Costco yesterday and set a price target of $405.00. The company’s shares closed last Thursday at $374.05, close to its 52-week high of $390.67.
According to TipRanks.com, Griffin is a 5-star analyst with an average return of 32.1% and a 75.3% success rate. Griffin covers the Consumer Goods sector, focusing on stocks such as Bed Bath & Beyond, Casey’s General, and Leggett & Platt.
Costco has an analyst consensus of Strong Buy, with a price target consensus of $393.56, which is a 4.1% upside from current levels. In a report issued on November 30, Telsey Advisory also reiterated a Buy rating on the stock with a $430.00 price target.
See today’s analyst top recommended stocks >>
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on ULTA: