Zacks Investment Research upgraded Wal-Mart Stores, Inc. (NYSE:WMT) to Hold in a report released today.
- Updated: November 29, 2016
Zacks Investment Research has upgraded Wal-Mart Stores, Inc. (NYSE:WMT) to Hold in a report released on 11/29/2016.
Yesterday Wal-Mart Stores, Inc. (NYSE:WMT) traded 0.25% higher at $71.19. The company’s 50-day moving average is $69.58 and its 200-day moving average is $71.28. The last stock close price is down 0.12% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 7,309,876 shares of the stock were exchanged, down from an average trading volume of 8,753,540
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Wal-Mart Stores, Inc. has a 52 week low of $58.32 and a 52 week high of $75.19 with a P/E ratio of 15.48 The company’s market cap is currently $0.
In addition to Zacks Investment Research 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 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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