Piper Sandler analyst Edward Yruma maintained a Hold rating on Ross Stores (ROST – Research Report) today and set a price target of $145.00. The company’s shares closed yesterday at $142.16.
Yruma covers the Consumer Cyclical sector, focusing on stocks such as TJX Companies, Burlington Stores, and Nordstrom. According to TipRanks, Yruma has an average return of 10.8% and a 52.08% success rate on recommended stocks.
Ross Stores has an analyst consensus of Strong Buy, with a price target consensus of $142.83, which is a 0.47% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $135.00 price target.
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Based on Ross Stores’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $4.92 billion and a net profit of $447.33 million. In comparison, last year the company earned a revenue of $4.57 billion and had a net profit of $342.04 million
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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 Announces Key Executive Leadership Changes
- Ross Stores names Karen Fleming as Chief Merchandising Officer, dd’s DISCOUNTS
- Ross Stores price target raised to $155 from $137 at Morgan Stanley
- Ross Stores price target raised to $150 from $140 at Loop Capital
- Ross Stores price target raised to $153 from $147 at Bernstein
