Brokerage Firm Rating on Walgreens Boots Alliance (WBA)

Walgreens Boots Alliance (WBA) : Zacks Investment Research ranks Walgreens Boots Alliance (WBA) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 1.77, which indicates as a Buy.

Walgreens Boots Alliance (WBA) : 14 Wall Street analysts covering Walgreens Boots Alliance (WBA) believe that the average level the stock could reach for the short term is $93.07. The maximum price target given is $103 and the minimum target for short term is around $79, hence the standard deviation is calculated at $6.57.


For the current week, the company shares have a recommendation consensus of Buy. Walgreens Boots Alliance (NASDAQ:WBA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $82.94 and $82.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $83.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $82.91, notching a gain of 0.50% for the day. The total traded volume was 6,038,894 . The stock had closed at $82.50 on the previous day.

In a related news,The director of Walgreens Boots Alliance, Inc., Foote William C sold 2,067 shares at $81.35 on July 26, 2016. The Insider selling transaction had a total value worth of $168,150. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Walgreens Boots Alliance, Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led health and wellbeing enterprise. It operates through three segments: Retail Pharmacy USA, which consists of the Walgreens business, including the operation of retail drugstores and convenient care clinics, in addition to providing specialty pharmacy services; Retail Pharmacy International, which consists of the Alliance Boots pharmacy-led health and beauty stores, optical practices and related contract manufacturing operations, and Pharmaceutical Wholesale, which consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as global health and beauty product brands, including No7, Botanics, and Soap & Glory. Walgreens Boots Alliance, through its subsidiary, Liz Earle Beauty Co. Ltd, offers the Liz Earle skincare brand.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.