Short Term Price Target on Wal-Mart Stores (WMT)

Wal-Mart Stores (NYSE:WMT) : The highest level Wal-Mart Stores (NYSE:WMT) is projected to reach is $82 for the short term and the lowest estimate is at $50. The consolidated price target from 17 rating analysts who initiate coverage on the stock is $70.59 and the possibility the share price can swing is $7.34.

Shares of Wal-Mart Stores Inc. rose by 1.28% in the last five trading days and 3.57% for the last 4 weeks. Wal-Mart Stores Inc. is up 6.51% in the last 3-month period. Year-to-Date the stock performance stands at 20.88%.

Wal-Mart Stores (NYSE:WMT) : 19 analysts are covering Wal-Mart Stores (NYSE:WMT) and their average rating on the stock is 2.68, which is read as a Hold. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 12 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Wal-Mart Stores (NYSE:WMT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $72.57 and $72.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $73.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.02, notching a gain of 0.77% for the day. The total traded volume was 8,713,585 . The stock had closed at $72.46 on the previous day.

In an insider trading activity,The officer (EVP) of Wal Mart Stores Inc, Ford Rollin L. sold 740 shares at $67.65 on February 25, 2016. The Insider selling transaction had a total value worth of $50,061. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Companys operations are conducted in three segments: Walmart U.S., Walmart International and Sams Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail, wholesale and other. The Sams Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico, as well as digital retail.

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