Roth Capital set a $95.00 price target on PriceSmart Inc. (NASDAQ:PSMT) in a research report report published on Tuesday morning. The brokerage currently has a a buy rating on the stock.

Separately, Zacks Investment Research raised shares of PriceSmart from a sell rating to a hold rating in a report on Tuesday, September 13th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $69.33.

Shares of PriceSmart (NASDAQ:PSMT) opened at 85.47 on Tuesday. The stock has a market cap of $2.55 billion, a P/E ratio of 29.19 and a beta of 1.50. PriceSmart has a 12 month low of $68.51 and a 12 month high of $98.49. The stock has a 50 day moving average price of $82.97 and a 200 day moving average price of $84.59.

Several hedge funds have recently bought and sold shares of the company. Bank of Montreal Can bought a new position in shares of PriceSmart during the second quarter valued at approximately $60,005,000. Emerald Acquisition Ltd. acquired a new position in PriceSmart during the second quarter valued at about $16,624,000. Genesis Asset Managers LLP acquired a new position in PriceSmart during the third quarter valued at about $13,781,000. Renaissance Technologies LLC increased its position in PriceSmart by 105.5% in the first quarter. Renaissance Technologies LLC now owns 279,900 shares of the company’s stock valued at $23,674,000 after buying an additional 143,700 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new position in PriceSmart during the second quarter valued at about $6,220,000. Institutional investors and hedge funds own 72.69% of the company’s stock.

About PriceSmart

PriceSmart, Inc (PriceSmart) business consists primarily of international membership shopping warehouse clubs similar to warehouse clubs in the United States. The Company owns and operates United States-style membership shopping warehouse clubs through wholly owned subsidiaries operating in Latin America and the Caribbean using the trade name PriceSmart.

5 Day Chart for NASDAQ:PSMT

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