Wal-Mart (NYSE:WMT) target price increased to $87.00, issued a report today by Barclays
- Updated: September 23, 2016
Just yesterday Wal-Mart (NYSE:WMT) traded 0.11% higher at $72.27. The company’s 50-day moving average is $72.47 and its 200-day moving average is $70.66. The last stock price is up 2.28% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 5,871,871 shares of the stock were exchanged, down from an avg. volume of 8,447,900
Stating as potential upside of 0.20%, Barclays raised the target price of Wal-Mart (NYSE:WMT) to $87.00
Wal-Mart has a price-earnings ratio of 15.56 with a one year low of $56.30 and a one year high of $75.19 The company’s market cap is currently $0.
Also covering Wal-Mart's target price, a total of 25 firms have reported on the stock. The consensus stock price target is $69.11 with four analysts rating the company a strong buy, one brokerage rating the company a buy, twenty-one analysts rating the company a hold, two firms rating the stock a underperform, and finally 1 brokerage rating the stock a sell.
More 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 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.
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.