Barclays Capital announced Wal-Mart Stores Inc (NYSE:WMT), bumping up its stock price target to $87.00 today
- Updated: September 23, 2016
In a report released on 9/23/2016 Barclays Capital increased the stock price target of Wal-Mart Stores Inc (NYSE:WMT) to $87.00 reporting a possible upside of 0.20%.
Just yesterday Wal-Mart Stores Inc (NYSE:WMT) traded 0.11% higher at $72.35. Wal-Mart Stores Inc’s 50-day moving average is $72.47 and its 200-day moving average is $70.66. The last closing price is up 2.28% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 5,871,871 shares of WMT traded hands, down from an average trading volume of 8,447,900
Recent Performance Chart
Wal-Mart Stores Inc has 52 week low of $56.30 and a 52 week high of $75.19 with a PE ratio of 15.56 and has a market capitalization of $0.
In addition to Barclays Capital reporting its stock price target, a total of 25 brokers have issued a research note on the company. The average stock price target is $69.11 with 4 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 21 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
Brief Synopsis On 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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