Wal-Mart Stores Inc (WMT) Receives a Buy from BMO Capital
BMO Capital analyst Kelly Bania reiterated a Buy rating on Wal-Mart Stores Inc (WMT) on February 19 and set a price target of $115. The company’s shares closed yesterday at $99.88.
According to TipRanks.com, Bania is a 2-star analyst with an average return of 0.2% and a 55.7% success rate. Bania covers the Services sector, focusing on stocks such as Performance Food Group, United Natural Foods, and Casey’s General.
Currently, the analyst consensus on Wal-Mart Stores Inc is a Moderate Buy with an average price target of $111.58, which is an 11.7% 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.
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The company has a one-year high of $106.21 and a one-year low of $81.78. Currently, Wal-Mart Stores Inc has an average volume of 8.65M.
Based on the recent corporate insider activity of 216 insiders, corporate insider sentiment is negative on the stock.
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