In a report released today, Geoff Small from Citigroup maintained a Buy rating on Walmart Inc. (WMT), with a price target of $135. The company’s shares closed last Monday at $117.15, close to its 52-week high of $118.19.
According to TipRanks.com, Small is a 3-star analyst with an average return of 7.2% and a 75.0% success rate. Small covers the Services sector, focusing on stocks such as Advance Auto Parts, Bed Bath & Beyond, and Williams-Sonoma.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Walmart Inc. with a $120.53 average price target, which is a 3.1% upside from current levels. In a report issued on September 5, Morgan Stanley also maintained a Buy rating on the stock with a $125 price target.
See today’s analyst top recommended stocks >>
Walmart Inc.’s market cap is currently $331.4B and has a P/E ratio of 26.25. The company has a Price to Book ratio of 4.72.
Based on the recent corporate insider activity of 232 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WMT in relation to earlier this year.
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.
