Walgreens Boots Alliance (WBA) has been under a strong bear grip, hence the stock is down -3.94% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.18% in the past 1 week. The stock has risen by 1.62% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.55% in the past 4 weeks.
Walgreens Boots Alliance (NASDAQ:WBA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $80.25 and $79.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $81.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $80.53, notching a gain of 0.85% for the day. The total traded volume was 3,769,596 . The stock had closed at $79.85 on the previous day.
The stock has recorded a 20-day Moving Average of 0.76% and the 50-Day Moving Average is 0.7%. Walgreens Boots Alliance, Inc. is up 1.85% in the last 3-month period. Year-to-Date the stock performance stands at -4.56%.
Walgreens Boots Alliance (WBA) : 14 investment research analysts covering Walgreens Boots Alliance (WBA) have an average price target of $93.07 for the near short term. The highest target price given by the Brokerage Firm to the stock is $103 and the lowest target is $79 for the short term. Analysts expect the variance to be within $6.57 of the average price.
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.