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Goldman Sachs downgraded Wal-Mart (NYSE:WMT) from Buy to Neutral in a report released today.

Just yesterday Wal-Mart (NYSE:WMT) traded -0.51% lower at $87.31. Wal-Mart’s 50-day moving average is $82.35 and its 200-day moving average is $78.68. The last stock price is up 12.06% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 6,617,000 shares of WMT traded hands, down from an average trading volume of 8,640,170

Goldman Sachs has downgraded Wal-Mart (NYSE:WMT) from Buy to Neutral in a report released on Monday November 20, 2017.

Previously on 11/17/2017, KeyBanc Capital Markets released a statement about Wal-Mart (NYSE:WMT) increased the target price from $10.00 to $11.00. At the time, this indicated a possible downside of -0.89%.

Recent Performance Chart

Wal-Mart (NYSE:WMT)

Wal-Mart has 52 week low of $65.28 and a 52 week high of $89.11 with a P/E ratio of 21.18 and has a market cap of $0.

In addition to Goldman Sachs reporting its target price, a total of 25 firms have reported on the stock. The consensus target price is $69.11 with 4 firms rating the stock a strong buy, 1 firm rating the stock a buy, 21 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Wal-Mart (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 operates through three segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail. The Walmart International segment consists of the Company's operations outside of the United States, including various retail Websites. The Walmart International segment includes various formats divided into three categories: retail, wholesale and other. These categories consist of various formats, including supercenters, supermarkets, and warehouse clubs, such as Sam's Clubs, cash and carry, home improvement, specialty electronics, apparel stores, drug stores and convenience stores, as well as digital retail. The Sam's Club segment includes the warehouse membership clubs in the United States, and samsclub.com.

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