Walgreens Boots Alliance (WBA) has risen sharply, recording gains of 0.18% in the past 4 weeks. However, the stock has corrected -3.87% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.39% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.22% and the fifty day Moving Average is 2.6%. Walgreens Boots Alliance, Inc. is up 3.57% in the last three month period. Year-to-Date the stock performance stands at -5.48%.
Walgreens Boots Alliance (WBA) stock is expected to deviate a maximum of $6.51 from the average target price of $92.54 for the short term period. 13 Street Experts have initiated coverage on the stock with the most promising target being $103 and the most muted being $79.
Walgreens Boots Alliance (NASDAQ:WBA): On Fridays trading session , Opening price of the stock was $80.31 with an intraday high of $80.43. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $78.51. However, the stock managed to close at $79.39, a loss of 0.99% for the day. On the previous day, the stock had closed at $80.18. The total traded volume of the day was 6,064,847 shares.
Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led health and wellbeing enterprise. It operates through three segments: Retail Pharmacy USA, which consists of the Walgreens business, including the operation of retail drugstores and convenient care clinics, in addition to providing specialty pharmacy services; Retail Pharmacy International, which consists of the Alliance Boots pharmacy-led health and beauty stores, optical practices and related contract manufacturing operations, and Pharmaceutical Wholesale, which consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as global health and beauty product brands, including No7, Botanics, and Soap & Glory. Walgreens Boots Alliance, through its subsidiary, Liz Earle Beauty Co. Ltd, offers the Liz Earle skincare brand.