Greg Melich analyst at Evercore ISI reiterates coverage on Walmart (WMT) in the Consumer Goods sector with a Buy rating. TipRanks.com has Katai rated as a 2.4 star analyst with a 46% return on investment and a 7.9% success rate. Melich has set a price target of $140.
TipRanks.com reports that Walmart currently has 23 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $171.74 . The target pricing ranges from a high forecast of $196.00 down to a low forecast of $140.00. Walmart (WMT)’s last closing price was $148.57 which would put the average price target at 171.74% upside.
In addition, TradingView issued a Buy rating for WMT over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on WMT.
Other analysts covering WMT include:
- Krisztina Katai of Deutsche Bank issued a Buy rating with the price target of $186 on 1 day ago
- Rupesh Parikh of Oppenheimer issued a Buy rating with the price target of $170 on 2 days ago
- William Kirk of MKM Partners issued a Hold rating with the price target of $156 on 1 week ago
- Edward Yruma of KeyBanc issued a Buy rating with the price target of $180 on 2 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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