Jefferies analyst Corey Tarlowe maintained a Buy rating on Costco (COST – Research Report) today and set a price target of $580.00. The companys shares closed last Thursday at $494.95.

According to TipRanks.com, Tarlowe has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -15.9% and a 29.6% success rate. Tarlowe covers the Consumer Goods sector, focusing on stocks such as Bjs Wholesale Club Holdings, Abercrombie Fitch, and Victorias Secret.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Costco with a $565.95 average price target, representing a 15.0% upside. In a report issued on June 27, Goldman Sachs also maintained a Buy rating on the stock with a $494.00 price target.

See the top stocks recommended by analysts >> Based on Costcos latest earnings release for the quarter ending May 31, the company reported a quarterly revenue of $52.6 billion and net profit of $1.35 billion. In comparison, last year the company earned revenue of $62.68 billion and had a net profit of $1.67 billion. Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is neutral on the stock. 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. Incorporated in 1983, Costco Wholesale Corp. operates an international chain of membership-only warehouse clubs. It sells product categories, including groceries, appliances, automotive supplies, toys, hardware, sporting goods, books, housewares, and apparel among others. The company is based in Issaquah, Washington. Read More on COST:

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