In a report released today, Ike Boruchow from Wells Fargo maintained a Buy rating on Ross Stores (ROST – Research Report), with a price target of $160.00. The company’s shares closed last Friday at $148.03.
Boruchow covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, PVH, and Lululemon Athletica. According to TipRanks, Boruchow has an average return of -2.9% and a 44.05% success rate on recommended stocks.
Currently, the analyst consensus on Ross Stores is a Moderate Buy with an average price target of $150.90, implying a 1.94% upside from current levels. In a report released on February 23, Evercore ISI also maintained a Buy rating on the stock with a $165.00 price target.
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ROST market cap is currently $49.84B and has a P/E ratio of 29.32.
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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 upgraded to Neutral from Sell at UBS
- Ross Stores upgraded to Buy from Neutral at Cleveland Research
- Ross Stores price target raised to $145 from $112 at Piper Sandler
- Ross Stores Announces Key Executive Leadership Changes
- Ross Stores names Karen Fleming as Chief Merchandising Officer, dd’s DISCOUNTS
