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Ross Stores (ROST) Stock Forecast & Price Target

$131.51
-0.79 (-0.60%)
(As of 05/22/2024 ET)

Ross Stores - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 18 Analyst Ratings

Consensus Price Target

$155.11
17.94% Upside
High Forecast$172.00
Average Forecast$155.11
Low Forecast$112.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
14 Buy rating(s)
14 Buy rating(s)
14 Buy rating(s)
12 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$155.11$155.21$135.42$117.76
Forecasted Upside17.94% Upside9.72% Upside12.25% Upside10.07% Upside
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ROST Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ROST Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Ross Stores Stock vs. The Competition

TypeRoss StoresRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.78
2.41
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside17.94% Upside47.19% Upside8.94% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/17/2024Telsey Advisory Group
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 Reiterated RatingMarket Perform ➝ Market Perform$160.00 ➝ $160.00+19.10%
5/6/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$161.00 ➝ $159.00+20.55%
3/6/2024Loop Capital
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 Boost TargetBuy ➝ Buy$150.00 ➝ $170.00+14.82%
3/6/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$142.00 ➝ $145.00-2.96%
3/6/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$143.00 ➝ $163.00+9.26%
3/6/2024BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$138.00 ➝ $165.00+10.63%
3/6/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$135.00 ➝ $147.00+1.93%
3/6/2024Citigroup
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 Boost TargetBuy ➝ Buy$147.00 ➝ $172.00+15.30%
3/6/2024TD Cowen
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 Boost TargetOutperform ➝ Outperform$144.00 ➝ $169.00+13.29%
3/6/2024Barclays
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 Boost TargetOverweight ➝ Overweight$160.00 ➝ $163.00+9.27%
3/6/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$150.00 ➝ $163.00+9.27%
3/6/2024Guggenheim
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 Boost TargetBuy ➝ Buy$140.00 ➝ $165.00+10.61%
3/6/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$145.00 ➝ $162.00+8.60%
2/23/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$155.00 ➝ $165.00+11.06%
12/22/2023Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$140.00 ➝ $150.00+10.39%
11/3/2023Gordon Haskett
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 UpgradeAccumulate ➝ Buy$135.00+14.10%
8/20/2023Sanford C. Bernstein
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 Boost Target$136.00 ➝ $142.00+19.61%
8/18/2023Bank of America
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 Boost TargetBuy ➝ Buy$135.00 ➝ $140.00+23.83%
6/29/2023VNET Group
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 Reiterated RatingInitiates
6/29/2023Piper Sandler
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 Initiated CoverageNeutral$112.00+3.38%
6/26/2023888
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 Reiterated RatingDowngrade
3/1/2023Credit Suisse Group
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 Reiterated RatingOutperform$123.00+12.91%
3/1/2023Deutsche Bank Aktiengesellschaft
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 Lower Target$121.00 ➝ $120.00+10.44%
11/21/2022Cowen
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 Boost Target$103.00-8.08%
8/19/2022William Blair
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D. Carden
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Reiterated RatingOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:52 AM ET.

ROST Frequently Asked Questions

What is Ross Stores's stock forecast and purchase recommendation?

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Ross Stores is $155.11, with a high forecast of $172.00 and a low forecast of $112.00. The consensus rating for Ross Stores stock is Moderate Buy based on the current 4 hold ratings and 14 buy ratings for ROST. Learn more on ROST's analyst rating history.

Do Wall Street analysts like Ross Stores more than its competitors?

Analysts like Ross Stores more than other "retail/wholesale" companies. The consensus rating for Ross Stores is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how ROST compares to other companies.

Is Ross Stores being upgraded by Wall Street analysts?

Over the previous 90 days, Ross Stores's stock had 1 upgrade by analysts.

Does Ross Stores's stock price have much upside?

According to analysts, Ross Stores's stock has a predicted upside of 11.01% based on their 12-month stock forecasts.

What analysts cover Ross Stores?

Stock Forecasts and Research Tools

This page (NASDAQ:ROST) was last updated on 5/23/2024 by MarketBeat.com Staff

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