Wal-Mart Stores, Inc. (NYSE:WMT) has been assigned a $91.00 target price by analysts at UBS AG in a research report issued on Friday. The brokerage currently has a “neutral” rating on the retailer’s stock. UBS AG’s price objective would suggest a potential upside of 0.09% from the stock’s current price.

WMT has been the topic of several other research reports. KeyCorp reiterated a “buy” rating and issued a $90.00 price target on shares of Wal-Mart Stores in a research note on Tuesday, September 19th. Zacks Investment Research cut Wal-Mart Stores from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Jefferies Group LLC set a $88.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a research note on Monday, July 17th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a $84.00 price target (up previously from $80.00) on shares of Wal-Mart Stores in a research note on Friday, October 6th. Finally, Wells Fargo & Company reiterated a “hold” rating on shares of Wal-Mart Stores in a research note on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $86.65.

Wal-Mart Stores (NYSE WMT) opened at $90.92 on Friday. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 0.51. Wal-Mart Stores has a one year low of $65.28 and a one year high of $91.69. The company has a market capitalization of $271,596.41, a PE ratio of 20.85, a P/E/G ratio of 3.39 and a beta of 0.34.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings results on Thursday, August 17th. The retailer reported $1.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a return on equity of 16.87% and a net margin of 2.60%. The business had revenue of $123.40 billion for the quarter, compared to analysts’ expectations of $121.86 billion. During the same quarter in the previous year, the firm posted $1.07 earnings per share. The company’s revenue was up 2.1% compared to the same quarter last year. analysts forecast that Wal-Mart Stores will post 4.37 EPS for the current year.

Wal-Mart Stores declared that its Board of Directors has initiated a share repurchase plan on Tuesday, October 10th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the retailer to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

WARNING: “Wal-Mart Stores, Inc. (WMT) Given a $91.00 Price Target by UBS AG Analysts” was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/11/12/wal-mart-stores-inc-wmt-given-a-91-00-price-target-by-ubs-ag-analysts.html.

In other news, major shareholder Alice L. Walton sold 2,000,000 shares of the stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $79.47, for a total transaction of $158,940,000.00. Following the completion of the sale, the insider now owns 6,748,580 shares in the company, valued at approximately $536,309,652.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Alice L. Walton sold 474,042 shares of the stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $80.04, for a total value of $37,942,321.68. Following the sale, the insider now owns 10,048,580 shares of the company’s stock, valued at approximately $804,288,343.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,924,828 shares of company stock valued at $785,676,492. 51.39% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the company. Winfield Associates Inc. lifted its position in shares of Wal-Mart Stores by 5.8% during the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock valued at $104,000 after acquiring an additional 75 shares during the last quarter. TrimTabs Asset Management LLC lifted its position in shares of Wal-Mart Stores by 89.2% during the 1st quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock valued at $106,000 after acquiring an additional 696 shares during the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its position in shares of Wal-Mart Stores by 3.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock valued at $108,000 after acquiring an additional 45 shares during the last quarter. Thompson Davis & CO. Inc. lifted its position in shares of Wal-Mart Stores by 456.9% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after acquiring an additional 1,252 shares during the last quarter. Finally, Hudock Capital Group LLC lifted its position in shares of Wal-Mart Stores by 0.4% during the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after acquiring an additional 7 shares during the last quarter. Institutional investors own 30.15% of the company’s stock.

Wal-Mart Stores Company Profile

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Analyst Recommendations for Wal-Mart Stores (NYSE:WMT)

Receive News & Ratings for Wal-Mart Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wal-Mart Stores Inc. and related companies with MarketBeat.com's FREE daily email newsletter.