Costco Wholesale Co. (COST) Coverage Initiated at Susquehanna Bancshares Inc

Stock analysts at Susquehanna Bancshares Inc started coverage on shares of Costco Wholesale Co. (NDAQ:COST) in a research report issued to clients and investors on Friday. The firm set a “positive” rating and a $192.00 price target on the stock.

Shares of Costco Wholesale (NDAQ:COST) opened at 171.96 on Friday. The company’s 50-day moving average is $164.05 and its 200-day moving average is $157.61. Costco Wholesale has a one year low of $138.57 and a one year high of $172.49. The company has a market capitalization of $75.53 billion and a PE ratio of 31.38.

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About Costco Wholesale

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world.

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