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KeyBanc Capital Markets announced Wal-Mart Stores Inc (NYSE:WMT), raising its target price to $90.00 today

Yesterday Wal-Mart Stores Inc (NYSE:WMT) traded 1.97% higher at $72.31. The company’s 50-day moving average is $72.16 and its 200-day moving average is $70.84. The last stock close price is up 1.81% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 9,982,598 shares of the stock were exchanged, up from an average trading volume of 8,233,240

Wal-Mart Stores Inc (NYSE:WMT) had its target price raised to $90.00 by KeyBanc Capital Markets in a report released 9/30/2016. The new target price indicates a possible upside of 0.24% based on the company's last stock close price.

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Wal-Mart Stores Inc (NYSE:WMT)

Wal-Mart Stores Inc has a PE ratio of 15.53 with a one year low of $56.30 and a one year high of $75.19 Wal-Mart Stores Inc’s total market value is presently $0.

A total of 25 equity analysts have released a research note on WMT. Four equity analysts rating the company a strong buy, one equity analyst rating the company a buy, twenty-one equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $69.11.

More 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, as well as digital retail.

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