In a report released today, A.J. Rice from Credit Suisse maintained a Hold rating on Walgreens Boots Alliance (WBA), with a price target of $50.00. The company’s shares closed last Friday at $40.10, close to its 52-week low of $39.41.
According to TipRanks.com, Rice is a 4-star analyst with an average return of 1.9% and a 51.5% success rate. Rice covers the Services sector, focusing on stocks such as AMN Healthcare Services, Service International, and Genesis Healthcare.
Currently, the analyst consensus on Walgreens Boots Alliance is a Hold with an average price target of $49.29, representing a 22.5% upside. In a report released today, Deutsche Bank also upgraded the stock to Hold with a $43.00 price target.
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The company has a one-year high of $64.50 and a one-year low of $39.41. Currently, Walgreens Boots Alliance has an average volume of 7.34M.
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Walgreens Boots Alliance, Inc. engages in the provision of drug store services. The company operates through the following segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment engages in pharmacy-led health and beauty retail businesses, which sells its products under brand names Walgreens and Duane Reade. The Retail Pharmacy International segment offers retail stores, which sells products of brands No7, Boots Pharmaceuticals, Botanics, Liz Earle, and Soap & Glory. The Pharmaceutical Wholesale segment supplies medicines, other healthcare products and related services to pharmacies, doctors, health centers, and hospitals. The company was founded in 1901 and is headquartered in Deerfield, IL.
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