In a report released yesterday, Ike Boruchow from Wells Fargo maintained a Buy rating on Ross Stores (ROST – Research Report), with a price target of $150.00. The company’s shares closed yesterday at $135.88.
Boruchow covers the Consumer Cyclical sector, focusing on stocks such as Gap, Nike, and PVH. According to TipRanks, Boruchow has an average return of -3.3% and a 44.02% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ross Stores with a $137.40 average price target.
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The company has a one-year high of $137.84 and a one-year low of $98.16. Currently, Ross Stores has an average volume of 2.3M.
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:
- LULU, SKX, ROST: 3 Apparel Stocks Analysts Find Fashionable
- ROST, AZO, TJX: Top Hedge Fund Expert Favors These 3 Retail Stocks
- Early notable gainers among liquid option names on November 17th
- Ross Stores price target raised to $138 from $125 at BMO Capital
- Ross Stores price target raised to $135 from $130 at Telsey Advisory
