Scotiabank Sticks to Its Hold Rating for Pricesmart (PSMT)

In a report released today, Hector Maya from Scotiabank maintained a Hold rating on Pricesmart (PSMT – Research Report), with a price target of $82.00. The company’s shares closed yesterday at $83.09.

According to TipRanks, Maya is a 2-star analyst with an average return of -2.5% and a 50.00% success rate.

Currently, the analyst consensus on Pricesmart is a Hold with an average price target of $82.00.

PSMT market cap is currently $2.55B and has a P/E ratio of 22.52.

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Pricesmart (PSMT) Company Description:

PriceSmart, Inc. engages in the international management and operation of membership warehouse clubs. It operates through the following geographical segments: United States Operations, Central American Operations, Caribbean Operations, and Colombia Operations. The United States Operations covers include distribution centers and corporate offices. The Central America Operations segment f covers Panama, Guatemala, Costa Rica, El Salvador, Honduras, and Nicaragua. The Caribbean Operations segment includes Dominican Republic, Aruba, Barbados, Trinidad, U.S. Virgin Islands, and Jamaica. The company was founded by Sol Price and Robert E. Price in 1994 and is headquartered San Diego, CA.