In today’s session Walgreens Boots Alliance Inc (WBA) registered an unusually high (1,240) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious WBA increase. With 1,240 contracts traded and 84764 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: WBA170120C00082500 closed last at: $2.79 or 16.7% down. About 580,152 shares traded hands. Walgreens Boots Alliance Inc (NASDAQ:WBA) has declined 3.61% since April 5, 2016 and is downtrending. It has underperformed by 5.57% the S&P500.
Walgreens Boots Alliance Inc (NASDAQ:WBA) Ratings Coverage
Out of 11 analysts covering Walgreens Boots Alliance (NASDAQ:WBA), 9 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 82% are positive. $105 is the highest target while $76 is the lowest. The $96.90 average target is 18.59% above today’s ($81.71) stock price. Walgreens Boots Alliance has been the topic of 20 analyst reports since August 24, 2015 according to StockzIntelligence Inc. On Monday, October 31 the stock rating was initiated by Wells Fargo with “Outperform”. The company was maintained on Tuesday, June 7 by Bank of America. The stock has “Buy” rating given by Jefferies on Monday, October 17. The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) earned “Buy” rating by RBC Capital Markets on Wednesday, October 28. The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) earned “Buy” rating by UBS on Thursday, October 6. S&P Research maintained Walgreens Boots Alliance Inc (NASDAQ:WBA) rating on Thursday, October 29. S&P Research has “Buy” rating and $99 price target. The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) has “Buy” rating given on Tuesday, August 30 by Deutsche Bank. On Tuesday, September 1 the stock rating was upgraded by Zacks to “Hold”. The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) has “Equal-Weight” rating given on Thursday, March 10 by Barclays Capital. Credit Suisse maintained the stock with “Outperform” rating in Thursday, September 1 report.
According to Zacks Investment Research, “Walgreens Boots Alliance, Inc. operates as a retail drugstore chain. The Company sells prescription and non-prescription drugs, as well as general merchandise products, including household items, convenience and fresh foods, personal care, beauty care, photofinishing and candy. Its pharmacy, health and wellness services include retail, specialty, infusion and respiratory services, mail service and convenient care clinics. The Company offers its products and services through drugstores, as well as through mail, by telephone and online. Walgreens Boots Alliance, Inc., is based in Deerfield, Illinois.”
Walgreens Boots Alliance, Inc. is a holding company. The company has a market cap of $87.95 billion. The Firm is a pharmacy-led health and wellbeing company. It has a 21.37 P/E ratio. The Firm operates through three divisions: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.
WBA Company Profile
Walgreens Boots Alliance, Inc., incorporated on September 2, 2014, is a holding company. The Firm is a pharmacy-led health and wellbeing company. The Firm operates through three divisions: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale. The Retail Pharmacy USA segment consists of the Walgreen Co. (Walgreens) business, which includes the operation of retail drugstores, care clinics and providing specialty pharmacy services. The Retail Pharmacy International segment consists primarily of the Alliance Boots pharmacy-led health and beauty stores, optical practices and related contract manufacturing operations. The Pharmaceutical Wholesale segment consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. The Company’s 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, Liz Earle and Soap & Glory.
More recent Walgreens Boots Alliance Inc (NASDAQ:WBA) news were published by: Businesswire.com which released: “Walgreens Boots Alliance Announces Secondary Common Stock Offering” on November 01, 2016. Also Etfdailynews.com published the news titled: “Walgreens Boots Alliance Inc Posts Mixed Q4 Results, Guides In-Line” on October 20, 2016. Businesswire.com‘s news article titled: “Walgreens Boots Alliance Executives to Participate in Credit Suisse, Morgan …” with publication date: November 03, 2016 was also an interesting one.
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