Wal-Mart Stores (WMT) has an average broker rating of 2.88, which is interpreted as a Hold, as rated by 17 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Wal-Mart Stores (WMT) : Currently there are 16 street experts covering Wal-Mart Stores (WMT) stock. The most bullish and bearish price target for the stock is $86 and $50 respectively for the short term. The average price target of all the analysts comes to $73.3. The estimated standard deviation from the target is $8.55.
Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm BMO Capital maintains its rating on Wal-Mart Stores (NYSE:WMT). The rating major has initiated the coverage with underperform rating on the shares. The Analysts at BMO Capital raises the price target from $67 per share to $72.81 per share. The rating by the firm was issued on August 22, 2016.
Wal-Mart Stores (NYSE:WMT): stock was range-bound between the intraday low of $72.01 and the intraday high of $73.05 after having opened at $73 on Wednesdays session. The stock finally closed in the red at $73, a loss of -1.29%. The stock remained in the red for the whole trading day. The total traded volume was 9,618,272 shares. The stock failed to cross $73.05 in Wednesdays trading. The stocks closing price on Thursday was $73.
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 Companys operations are conducted in three segments: Walmart U.S., Walmart International and Sams Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail, wholesale and other. The Sams Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico, as well as digital retail.