Benzinga | Nov 30, 2021 04:55PM EST

Analyst Ratings For Costco Wholesale

Over the past 3 months, 21 analysts have published their opinion on Costco Wholesale (NASDAQ:COST) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 3 13 5 0 0Last 30D 0 1 0 0 01M Ago 2 4 0 0 02M Ago 0 1 1 0 03M Ago 1 7 4 0 0

These 21 analysts have an average price target of $506.95 versus the current price of Costco Wholesale at $554.0, implying downside.

Below is a summary of how these 21 analysts rated Costco Wholesale over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the move negative analysts are on the stock

This average price target has increased by 8.28% over the past month.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.