A statement released earlier today by RBC Capital Markets about Wal-Mart Stores Inc (NYSE:WMT) bumps down the target price to $75.00
- Updated: October 7, 2016
Boasting a price of $68.80, Wal-Mart Stores Inc (NYSE:WMT) traded -3.22% lower on the day. With the last stock price close down -2.23% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Wal-Mart Stores Inc has recorded a 50-day average of $71.93 and a two hundred day average of $70.94. Volume of trade was up over the average, with 20,110,251 shares of WMT changing hands over the typical 8,256,250
RBC Capital Markets bumped down the target of Wal-Mart Stores Inc (NYSE:WMT) to $75.00 stating a potential upside of 0.09%.
On 9/30/2016, KeyBanc Capital Markets released a statement for Wal-Mart Stores Inc (NYSE:WMT) bumped up the target price from $0.00 to $90.00 that suggested an upside of 0.24%.
With a total market value of $0, Wal-Mart Stores Inc has PE ratio of 14.93 with a one year low of $56.30 and a one year high of $75.19 .
A total of 25 brokerages have issued a ratings update on Wal-Mart Stores Inc. Four brokerages rating the company a strong buy, one brokerage rating the company a buy, twenty-one brokerages rating the company a hold, two brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $69.11.
General Company Details For Wal-Mart Stores Inc (NYSE:WMT)
Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment operates retail stores in approximately 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart U.S. segment is a mass merchandiser of consumer products, operating under the Walmart or Wal-Mart brands, as well as walmart.com. The Walmart International segment consists of operations in over 27 countries outside of the United States. The Sam's Club consists of membership-only warehouse clubs and operates in approximately 48 states in the United States and in Puerto Rico, as well as digital retail.
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