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Wal-Mart Stores Inc 13% Potential Upside Now Implied by Bernstein

Wal-Mart Stores Inc using SYMBOL/TICKER code NYSE:WMT has had its stock rating noted as ‘Initiated’ with the recommendation being set at ‘MKT PERFORM’ yesterday by analysts at Bernstein. Wal-Mart Stores Inc are listed in the Consumer Services sector within NYSE. Bernstein have set their target price at 75 USD on its stock. This is indicating the analyst believes there is a potential upside of 13% from the opening price of 66.37 USD.

 

Wal-Mart Stores Inc NYSE:WMT has a 50 day moving average of 69.45 USD and the 200 Day Moving Average price is recorded at 71.01 USD. The 1 year high share price is 75.19 USD while the 52 week low for the stock is 62.35 USD. Over the last 30 and 90 trading days the company share price has decreased 4.86 points and decreased 5.2 points respectively. There are currently 3,063,976,012 shares in issue with the average daily volume traded being 8,333,760. Market capitalisation for NYSE:WMT is $203,448,011,872.00 USD.

 

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.

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