In a report released yesterday, Kate McShane from Goldman Sachs maintained a Buy rating on Walmart (WMT), with a price target of $125.00. The company’s shares closed last Monday at $120.65, close to its 52-week high of $125.38.
According to TipRanks.com, McShane is a 5-star analyst with an average return of 10.2% and a 67.6% success rate. McShane covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Genuine Parts Company, and Container Store Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Walmart with a $124.19 average price target, representing a -0.3% downside. In a report issued on November 7, Nomura also initiated coverage with a Buy rating on the stock with a $132.00 price target.
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The company has a one-year high of $125.38 and a one-year low of $85.78. Currently, Walmart has an average volume of 5.43M.
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