Wal-Mart Stores, Inc. (NYSE:WMT) has been upgraded to Overweight in a report by Barclays PLC today.
- Updated: September 22, 2016
Yesterday Wal-Mart Stores, Inc. (NYSE:WMT) traded 0.11% higher at $72.19. The company’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 S&P 500 which has decreased -0.01% over the same time. 5,871,871 shares of the stock were exchanged, down from an average trading volume of 8,447,900
Barclays PLC has upgraded Wal-Mart Stores, Inc. (NYSE:WMT) to Overweight in a report released on 9/22/2016.
Previously on 9/19/2016, Vetr Inc. reported on Wal-Mart Stores, Inc. (NYSE:WMT) raised the target price from $0.00 to $75.98. At the time, this indicated a possible upside of 0.04%.
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Wal-Mart Stores, Inc. has a 52 week low of $56.30 and a 52 week high of $75.19 with a P/E ratio of 15.56 The company’s market cap is currently $0.
In addition to Barclays PLC reporting its target price, a total of 25 brokers have issued a report on the stock. The consensus target price 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.
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, as well as digital retail.
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