Analysts at BMO Capital Kept the Same their Past ‘”Market Perform”’ rating on Shares Walmart (NYSE:WMT), Set a $96 Target Price per Share

February 24, 2018 - By Marguerite Chambers

 Analysts at BMO Capital Kept the Same their Past ‘

Investors sentiment is 1.02 in Q3 2017. Its the same as in 2017Q2. It is the same, as 62 investors sold Walmart Inc. shares while 508 reduced holdings. only 113 funds opened positions while 468 raised stakes. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported.

Thrivent Fincl For Lutherans accumulated 1.17M shares. Mastrapasqua Asset Mngmt Incorporated invested in 1.11% or 69,087 shares. Moreover, First Hawaiian Natl Bank has 0.07% invested in Walmart Inc. (NYSE:WMT) for 6,990 shares. John G Ullman Assoc Inc holds 1.72% in Walmart Inc. (NYSE:WMT) or 112,917 shares. Kornitzer Mngmt Ks holds 0.34% or 245,836 shares. Ok holds 23,143 shares or 0.11% of its portfolio. Summit Asset Management Limited Liability Corporation, Tennessee-based fund reported 9,779 shares. Moreover, Adirondack Trust Communication has 0.35% invested in Walmart Inc. (NYSE:WMT) for 5,673 shares. Heritage Investors Mgmt Corporation, a Maryland-based fund reported 236,519 shares. Whittier Trust stated it has 70,847 shares or 0.2% of all its holdings. Victory Cap Mngmt owns 318,382 shares. Sumitomo Life Insur Co has invested 0.58% in Walmart Inc. (NYSE:WMT). Old Mutual Invsts (Uk) Ltd has invested 1.68% in Walmart Inc. (NYSE:WMT). 1,667 were reported by Perigon Wealth Mngmt Ltd Company. Ray Gerald L Associate holds 78,743 shares.

Since August 29, 2017, it had 0 insider buys, and 12 sales for $1.37 billion activity. 2,065 shares were sold by Canney Jacqueline P, worth $200,291 on Monday, December 11. On Tuesday, September 5 WALTON JIM C sold $131.11M worth of Walmart Inc. (NYSE:WMT) or 1.65M shares. WALTON ALICE L sold $166.15M worth of stock or 2.12 million shares. Another trade for 9,216 shares valued at $727,698 was made by Gearhart Jeffrey J on Tuesday, August 29.

Walmart (NYSE:WMT) Rating Reaffirmed

Research analysts at BMO Capital now has a $96 target price per share on Walmart (NYSE:WMT). BMO Capital and their recent target price per share means a potential upside of 3.35 % from the company’s current price. The rating has been disclosed in a research report on Friday morning.

Investors sentiment is 1.02 in Q3 2017. Its the same as in 2017Q2. It is the same, as 62 investors sold Walmart Inc. shares while 508 reduced holdings. only 113 funds opened positions while 468 raised stakes. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported.

Thrivent Fincl For Lutherans accumulated 1.17M shares. Mastrapasqua Asset Mngmt Incorporated invested in 1.11% or 69,087 shares. Moreover, First Hawaiian Natl Bank has 0.07% invested in Walmart Inc. (NYSE:WMT) for 6,990 shares. John G Ullman Assoc Inc holds 1.72% in Walmart Inc. (NYSE:WMT) or 112,917 shares. Kornitzer Mngmt Ks holds 0.34% or 245,836 shares. Ok holds 23,143 shares or 0.11% of its portfolio. Summit Asset Management Limited Liability Corporation, Tennessee-based fund reported 9,779 shares. Moreover, Adirondack Trust Communication has 0.35% invested in Walmart Inc. (NYSE:WMT) for 5,673 shares. Heritage Investors Mgmt Corporation, a Maryland-based fund reported 236,519 shares. Whittier Trust stated it has 70,847 shares or 0.2% of all its holdings. Victory Cap Mngmt owns 318,382 shares. Sumitomo Life Insur Co has invested 0.58% in Walmart Inc. (NYSE:WMT). Old Mutual Invsts (Uk) Ltd has invested 1.68% in Walmart Inc. (NYSE:WMT). 1,667 were reported by Perigon Wealth Mngmt Ltd Company. Ray Gerald L Associate holds 78,743 shares.

Since August 29, 2017, it had 0 insider buys, and 12 sales for $1.37 billion activity. 2,065 shares were sold by Canney Jacqueline P, worth $200,291 on Monday, December 11. On Tuesday, September 5 WALTON JIM C sold $131.11M worth of Walmart Inc. (NYSE:WMT) or 1.65M shares. WALTON ALICE L sold $166.15M worth of stock or 2.12 million shares. Another trade for 9,216 shares valued at $727,698 was made by Gearhart Jeffrey J on Tuesday, August 29.

Walmart Inc. (NYSE:WMT) Ratings Coverage

Among 37 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 20 Hold. Therefore 46% are positive. Wal-Mart Stores Inc has $126.0 highest and $11 lowest target. $88.27’s average target is -4.97% below currents $92.89 stock price. Wal-Mart Stores Inc had 150 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Walmart Inc. (NYSE:WMT) earned “Hold” rating by Stifel Nicolaus on Friday, January 12. The firm earned “Hold” rating on Sunday, September 6 by Deutsche Bank. The firm has “Neutral” rating by UBS given on Wednesday, August 19. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, September 30. As per Friday, August 11, the company rating was upgraded by Stephens. The rating was upgraded by Bank of America to “Buy” on Wednesday, February 22. The rating was upgraded by RBC Capital Markets on Wednesday, November 29 to “Sector Perform”. As per Monday, June 19, the company rating was maintained by RBC Capital Markets. The rating was maintained by M Partners on Wednesday, November 18 with “Neutral”. The stock of Walmart Inc. (NYSE:WMT) has “Buy” rating given on Wednesday, November 15 by Oppenheimer.

The stock increased 0.13% or $0.12 during the last trading session, reaching $92.89. About 12.79M shares traded or 22.38% up from the average. Walmart Inc. (NYSE:WMT) has risen 13.83% since February 24, 2017 and is uptrending. It has underperformed by 2.87% the S&P500.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company has market cap of $275.18 billion. It operates through three divisions: Walmart U.S., Walmart International, and SamÂ’s Club. It has a 24.66 P/E ratio. The firm operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and samsclub.com, as well as mobile commerce applications.

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Bloomberg.com which released: “Walmart Unveils New Apparel Brands to Counter Amazon’s Growth” on February 16, 2018, also Marketwatch.com with their article: “Wal-Mart Stores Inc. name change to Walmart Inc. goes into effect Thursday” published on February 01, 2018, Usnews.com published: “Walmart Earnings Are a Huge Disappointment” on February 20, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: Seekingalpha.com and their article: “Can Walmart Or Alphabet Take On Amazon In India?” published on February 19, 2018 as well as Chicagotribune.com‘s news article titled: “Walmart’s bruising battle with Amazon saps its 4Q results” with publication date: February 20, 2018.

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