A number of firms have modified their ratings and price targets on shares of Wal-Mart Stores (NYSE: WMT) recently:

  • 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.
  • 8/4/2017 – Wal-Mart Stores was given a new $76.00 price target on by analysts at Royal Bank Of Canada. They now have a “sell” rating on the stock.
  • 8/3/2017 – Wal-Mart Stores was given a new $78.00 price target on by analysts at Citigroup Inc.. They now have a “neutral” rating on the stock.
  • 8/2/2017 – Wal-Mart Stores is now covered by analysts at Oppenheimer Holdings, Inc.. They set an “outperform” rating and a $90.00 price target on the stock. They wrote, “fresher than it’s been in years.”Walmart is in the early stages of developing what could prove to be a “model” omni-channel structure, the analyst explained. For instance, the acquisition of Jet.com is just one of many “meaningful step forward” to solidify its status a “proven industry innovator” with many “unique capabilities.” So far, there are early encouraging signs of growth in the online channel as gross merchandise volume accelerated to 69 percent on a year-over-year basis.Meanwhile, Walmart isn’t neglecting its physical stores and has many initiatives ahead to spur growth, including:Online grocery shopping and collect in store.Two-day shipping with a $35 minimum from stores.Home delivery experiments.Also, improving food inflation trends could help boost top-line growth.Finally, the entrance of the Germany-based budget grocery chain Lidl to the U.S. market shouldn’t cause investors to worry. Walmart was able to respond very aggressively to sustain its market position through pricing and merchandising fronts.”In our view, WMT, more than many other leading chains, now recognizes an opportunity to leverage the key attributes that fuel its dominance in physical retail, in the digital world and increasingly go ‘toe to toe’ with eCommerce leaders such as amazon.com,”
  • 8/2/2017 – Wal-Mart Stores had its “neutral” rating reaffirmed by analysts at Morningstar, Inc..
  • 7/31/2017 – Wal-Mart Stores was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/27/2017 – Wal-Mart Stores was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $86.00 price target on the stock. According to Zacks, “Shares of Wal-Mart have outperformed the Retail-Supermarkets industry in the last one year, primarily owing to sturdy earnings history. We note that the company continues to gain from its robust strategies such as price-matching initiative and expanding e-commerce business. Also, its acquisition of four e-commerce businesses since the Jet.com acquisition is in-line with the company’s efforts to grow its online activities. Recently, Wal-Mart extended its partnership with JD.com to integrate the platforms, supply chains and customer resources in China. Furthermore, it is benefiting from the booming online grocery shopping and delivery industry by expanding its business offerings. Notably, it posted positive comps at the U.S. segment for 11 successive quarters now. However, unfavorable currency, soft international revenues and stiff competition pose concerns. Nonetheless, estimates have been stable ahead of the second-quarter earnings.”
  • 7/26/2017 – Wal-Mart Stores was given a new $84.00 price target on by analysts at Goldman Sachs Group, Inc. (The). They now have a “buy” rating on the stock.
  • 7/24/2017 – Wal-Mart Stores was given a new $74.00 price target on by analysts at Royal Bank Of Canada. They now have a “sell” rating on the stock.
  • 7/19/2017 – Wal-Mart Stores was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Share price of Wal-Mart has been outperforming the Zacks categorized Retail-Supermarkets industry since the past six months. Wal-Mart continues to impress investors with positive comps at Wal-Mart U.S. for 11 successive quarters. The impact of rising consumer spending was seen in improved traffic during the first-quarter fiscal 2018. Moreover, the company’s price-matching initiative has been bearing fruits. The company is also taking advantage of the booming online grocery shopping and delivery industry by expanding its business offerings. Wal-Mart’s e-commerce business development initiatives are also commendable. The company’s acquisition of four e-commerce businesses since the Jet.com acquisition is in-line with the company’s efforts to grow its online activities. However unfavorable currency, decline in international revenues and stiff competition  poses concerns for the company's performace.”
  • 7/17/2017 – 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.
  • 7/17/2017 – Wal-Mart Stores was downgraded by analysts at Vetr from a “sell” rating to a “strong sell” rating. They now have a $64.26 price target on the stock.
  • 7/14/2017 – Wal-Mart Stores was upgraded by analysts at Goldman Sachs Group, Inc. (The) from a “neutral” rating to a “buy” rating. They now have a $84.00 price target on the stock, up previously from $78.00.
  • 7/13/2017 – Wal-Mart Stores was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $82.00 price target on the stock. According to Zacks, “Share price of Wal-Mart has been outperforming the Zacks categorized industry since the past six months. The company is striving to understand the evolving needs of its customers to regain their confidence, and thus boost sales. The company has posted positive comps at Wal-Mart U.S. for 11 successive quarters backed by higher traffic. It is commendable that the company remains focused on its building its e-commerce capabilities, foraying into new markets, expanding product assortments and implementing innovative ways to drive traffic. The company’s acquisition of four e-commerce businesses since the Jet.com acquisition is in-line with the company’s efforts to grow its online activities. While we are encouraged that Wal-Mart has posted positive earnings streak for five consecutive quarters, unfavorable currency, decline in international revenues, stiff competition from both brick & mortar and online retailers poses concern.”
  • 7/12/2017 – Wal-Mart Stores was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/10/2017 – Wal-Mart Stores was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $71.15 price target on the stock.
  • 6/27/2017 – Wal-Mart Stores had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company.
  • 6/26/2017 – Wal-Mart Stores was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $77.38 price target on the stock.
  • 6/22/2017 – Wal-Mart Stores had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $75.54 price target on the stock, down previously from $88.00.
  • 6/20/2017 – Wal-Mart Stores was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 6/19/2017 – Wal-Mart Stores was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $80.69 price target on the stock.
  • 6/15/2017 – Wal-Mart Stores was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $90.92 price target on the stock.
  • 6/14/2017 – Wal-Mart Stores had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $88.00 price target on the stock.
  • 6/13/2017 – Wal-Mart Stores had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $81.00 price target on the stock.

Shares of Wal-Mart Stores, Inc. (NYSE WMT) opened at 80.66 on Friday. The company has a market capitalization of $243.15 billion, a P/E ratio of 18.32 and a beta of 0.29. The company has a 50 day moving average of $77.30 and a 200-day moving average of $74.05. Wal-Mart Stores, Inc. has a 12-month low of $65.28 and a 12-month high of $81.99. Wal-Mart Stores also saw some unusual options trading activity on Tuesday. Stock traders purchased 59,526 call options on the company. This represents an increase of 408% compared to the typical daily volume of 11,715 call options.

Wal-Mart Stores (NYSE:WMT) last released its earnings results on Thursday, May 18th. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.04. Wal-Mart Stores had a net margin of 2.79% and a return on equity of 16.96%. The company had revenue of $116.53 billion for the quarter, compared to the consensus estimate of $117.01 billion. During the same period in the prior year, the company posted $0.98 EPS. The company’s revenue was up 1.3% compared to the same quarter last year. On average, equities analysts anticipate that Wal-Mart Stores, Inc. will post $4.36 EPS for the current fiscal year.

In other Wal-Mart Stores news, insider David Cheesewright sold 25,729 shares of the company’s stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of $76.65, for a total transaction of $1,972,127.85. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director S Robson Walton sold 1,618,300 shares of the company’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $80.22, for a total transaction of $129,820,026.00. Following the transaction, the director now owns 3,344,956 shares in the company, valued at $268,332,370.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 23,006,720 shares of company stock worth $1,816,131,604. Corporate 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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