Jefferies Sticks to Their Buy Rating for Wal-Mart Stores Inc (WMT)

Jefferies analyst Christopher Mandeville reiterated a Buy rating on Wal-Mart Stores Inc (WMT) yesterday and set a price target of $115. The company’s shares opened today at $101.81.

Mandeville has an average return of 9.9% when recommending Wal-Mart Stores Inc.

According to, Mandeville is ranked #819 out of 5188 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wal-Mart Stores Inc with a $112.80 average price target, which is a 10.8% upside from current levels. In a report issued on February 4, Morgan Stanley also maintained a Buy rating on the stock with a $110 price target.

See today’s analyst top recommended stocks >>

Based on Wal-Mart Stores Inc’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $139 billion and net profit of $3.69 billion. In comparison, last year the company earned revenue of $136 billion and had a net profit of $2.18 billion.

Based on the recent corporate insider activity of 216 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts