Several brokerages have updated their recommendations and price targets on shares of Wal-Mart Stores (NYSE: WMT) in the last few weeks:

  • 10/3/2017 – Wal-Mart Stores was given a new $87.00 price target on by analysts at Goldman Sachs Group, Inc. (The). They now have a “buy” rating on the stock.
  • 10/3/2017 – Wal-Mart Stores was given a new $90.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 9/19/2017 – Wal-Mart Stores had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $90.00 price target on the stock.
  • 9/18/2017 – Wal-Mart Stores was given a new $77.00 price target on by analysts at Royal Bank Of Canada. They now have a “sell” rating on the stock.
  • 9/17/2017 – Wal-Mart Stores had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $85.00 price target on the stock.
  • 9/14/2017 – Wal-Mart Stores had its “market weight” rating reaffirmed by analysts at BMO Capital Markets.
  • 8/21/2017 – Wal-Mart Stores was given a new $85.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 8/21/2017 – Wal-Mart Stores was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Walmart’s both earnings and revenues exceeded the Zacks Consensus Estimate in second-quarter fiscal 2018. The company has also raised the lower end of its fiscal 2018 earnings guidance. Notably, share price of Walmart has been outperforming the industry for the last six months. Encouragingly, the company is making efforts to boost sales and remains focused on building its e-Commerce capabilities and foraying into new markets through acquisitions. The company has posted positive comps at Walmart U.S. for 12 successive quarters. Further, the company’s acquisition of four e-Commerce businesses since the Jet.com acquisition is in line with its efforts to grow online activities. However, the company remains concerned due to currency headwinds, decline in international revenues, stiff competition from both brick and mortar and online retailers and huge investments in e-Commerce activities leading to margin pressure.”
  • 8/20/2017 – Wal-Mart Stores had its “neutral” rating reaffirmed by analysts at UBS AG. They now have a $84.00 price target on the stock.
  • 8/18/2017 – Wal-Mart Stores had its “hold” rating reaffirmed by analysts at Credit Suisse Group. They now have a $84.00 price target on the stock.
  • 8/18/2017 – Wal-Mart Stores had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $90.00 price target on the stock.
  • 8/18/2017 – Wal-Mart Stores had its price target raised by analysts at Royal Bank Of Canada from $76.00 to $77.00. They now have an “underperform” rating on the stock.
  • 8/17/2017 – Wal-Mart Stores was given a new $93.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 8/17/2017 – Wal-Mart Stores had its “hold” rating reaffirmed by analysts at Wells Fargo & Company.
  • 8/15/2017 – Wal-Mart Stores had its “neutral” rating reaffirmed by analysts at MKM Partners.
  • 8/15/2017 – Wal-Mart Stores had its price target raised by analysts at Citigroup Inc. from $78.00 to $80.00. They now have a “neutral” rating on the stock.
  • 8/14/2017 – Wal-Mart Stores was given a new $80.00 price target on by analysts at J P Morgan Chase & Co. They now have a “neutral” rating on the stock.
  • 8/11/2017 – Wal-Mart Stores was upgraded by analysts at Stephens from an “equal weight” rating to an “overweight” rating. They now have a $91.00 price target on the stock, up previously from $78.00.
  • 8/11/2017 – Wal-Mart Stores was given a new $88.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 8/11/2017 – Wal-Mart Stores was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/7/2017 – Wal-Mart Stores was given a new $86.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.

Wal-Mart Stores, Inc. (WMT) opened at 79.22 on Wednesday. The stock has a 50 day moving average of $79.41 and a 200-day moving average of $76.94. The firm has a market capitalization of $236.65 billion, a PE ratio of 19.03 and a beta of 0.29. Wal-Mart Stores, Inc. has a one year low of $65.28 and a one year high of $81.99. Wal-Mart Stores also was the target of some unusual options trading on Monday. Investors purchased 5,107 put options on the stock. This is an increase of approximately 351% compared to the typical volume of 1,132 put options.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings data on Thursday, August 17th. The retailer reported $1.08 EPS for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. The firm had revenue of $123.40 billion during the quarter, compared to analysts’ expectations of $121.86 billion. During the same period in the previous year, the business posted $1.07 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, equities analysts predict that Wal-Mart Stores, Inc. will post $4.37 EPS for the current year.

In related news, Director S Robson Walton sold 646,330 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $80.20, for a total value of $51,835,666.00. Following the transaction, the director now owns 3,344,956 shares in the company, valued at approximately $268,265,471.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jacqueline P. Canney sold 1,586 shares of the company’s stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $79.00, for a total transaction of $125,294.00. Following the completion of the transaction, the insider now owns 21,125 shares in the company, valued at approximately $1,668,875. The disclosure for this sale can be found here. Insiders sold 9,924,828 shares of company stock worth $785,676,492 over the last three months. Insiders own 51.39% of the company’s stock.

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.

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