A statement released earlier today by Vetr Inc. about Wal-Mart Stores, Inc. (NYSE:WMT) bumps the target price to $75.98
- Updated: September 18, 2016
Wal-Mart Stores, Inc. (NYSE:WMT) had its price target upped to $76 by Vetr Inc. in a report issued 9/19/2016. The new target price implies a potential upside of 0.04% based on the company’s most recent closing price.
Only yesterday Wal-Mart Stores, Inc. (NYSE:WMT) traded 0.65% higher at $72.87. WMT’s 50-day moving average is $72.69 and its 200-day average is $70.42. The last stock price close is up 3.47% from the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the same period. Volume of trade was was up over the average, with 13,935,682 shares of WMT changing hands over the typical 8,612,950 shares..
Recent Performance Graph:
Wal-Mart Stores, Inc. has a P/E of 16 with a 52 week low of $56.30 and a 52 week high of $75.19. The company’s market capitalization is presently $0.0.
In addition to Vetr Inc. reporting it’s price target, a total of 25 brokerages have issued a research note on Wal-Mart Stores, Inc.. The average target stock price is $69.11 with four analysts rating the company a strong buy, one firm rating the company a buy, 21 analyts rating the stock a hold, two brokerages rating the stock to underperform, and lastly one firmrating the company as sell.
General Information About 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, and as well as digital retail.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.