In a report released today, Edward Yruma from Piper Sandler maintained a Hold rating on Ross Stores (ROST – Research Report), with a price target of $112.00. The company’s shares closed yesterday at $120.15.
According to TipRanks, Yruma is a 5-star analyst with an average return of 9.6% and a 49.32% success rate. Yruma covers the Consumer Cyclical sector, focusing on stocks such as TJX Companies, Etsy, and Nordstrom.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ross Stores with a $132.89 average price target.
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The company has a one-year high of $125.86 and a one-year low of $98.41. Currently, Ross Stores has an average volume of 2.33M.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ROST in relation to earlier this year.
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Ross Stores (ROST) Company Description:
California-based Ross Stores, Inc. operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd’s DISCOUNTS brands. Its products include branded and designer apparel, accessories, footwear, and home fashions.
Read More on ROST:
- Ross Stores Stock (NASDAQ:ROST) Jumps on Solid Q3 Earnings Beat
- Ross Stores options imply 4.2% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, November 16, 2023
- Ross Stores price target raised to $131 from $130 at Deutsche Bank
- Ross Stores (ROST) Q3 Earnings Cheat Sheet
