Wal-Mart Stores Inc. (NYSE:WMT) has been assigned a $82.00 price objective by analysts at Barclays PLC in a note issued to investors on Monday. The brokerage currently has a a “buy” rating on the retailer’s stock. Barclays PLC’s target price indicates a potential upside of 19.36% from the company’s previous close.

A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a $72.00 target price on Wal-Mart Stores and gave the stock a “neutral” rating in a report on Monday. RBC Capital Markets reiterated an “underperform” rating and set a $75.00 target price (down previously from $76.00) on shares of Wal-Mart Stores in a report on Saturday. Bank of America Corp. set a $76.00 price target on Wal-Mart Stores and gave the stock a “hold” rating in a report on Thursday. Robert W. Baird set a $80.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a report on Friday. Finally, KeyCorp set a $90.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a report on Friday. Three analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Wal-Mart Stores has a consensus rating of “Hold” and an average target price of $75.29.

Analyst Recommendations for Wal-Mart Stores (NYSE:WMT)

Wal-Mart Stores (NYSE:WMT) traded down 1.12% during mid-day trading on Monday, reaching $67.93. 3,931,602 shares of the company’s stock were exchanged. The company has a market capitalization of $210.12 billion, a P/E ratio of 14.62 and a beta of 0.20. The company’s 50 day moving average price is $71.77 and its 200-day moving average price is $70.95. Wal-Mart Stores has a 52 week low of $56.30 and a 52 week high of $75.19.

Wal-Mart Stores (NYSE:WMT) last issued its earnings results on Thursday, August 18th. The retailer reported $1.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.05. Wal-Mart Stores had a return on equity of 17.93% and a net margin of 3.04%. The business earned $120.90 billion during the quarter, compared to analysts’ expectations of $119.33 billion. During the same quarter in the previous year, the business earned $1.08 EPS. The company’s revenue for the quarter was up .5% on a year-over-year basis. On average, equities research analysts expect that Wal-Mart Stores will post $4.34 earnings per share for the current fiscal year.

In other news, insider Steven P. Whaley sold 1,100 shares of the stock in a transaction dated Friday, August 26th. The stock was sold at an average price of $71.46, for a total transaction of $78,606.00. Following the transaction, the insider now owns 29,464 shares of the company’s stock, valued at approximately $2,105,497.44. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Alice L. Walton sold 2,100,000 shares of the stock in a transaction dated Friday, September 9th. The shares were sold at an average price of $71.44, for a total value of $150,024,000.00. Following the transaction, the insider now directly owns 6,748,580 shares in the company, valued at approximately $482,118,555.20. The disclosure for this sale can be found here. Insiders own 51.55% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth Equity Services Inc raised its position in shares of Wal-Mart Stores by 7.2% in the first quarter. Commonwealth Equity Services Inc now owns 377,826 shares of the retailer’s stock worth $25,877,000 after buying an additional 25,497 shares in the last quarter. Aperio Group LLC raised its position in shares of Wal-Mart Stores by 30.2% in the first quarter. Aperio Group LLC now owns 1,031,777 shares of the retailer’s stock worth $70,666,000 after buying an additional 239,298 shares in the last quarter. Community Bank & Trust Waco Texas raised its position in shares of Wal-Mart Stores by 1.5% in the first quarter. Community Bank & Trust Waco Texas now owns 27,285 shares of the retailer’s stock worth $1,869,000 after buying an additional 400 shares in the last quarter. Nisa Investment Advisors L.L.C. raised its position in shares of Wal-Mart Stores by 5.4% in the first quarter. Nisa Investment Advisors L.L.C. now owns 592,292 shares of the retailer’s stock worth $40,566,000 after buying an additional 30,400 shares in the last quarter. Finally, Virginia Retirement System bought a new position in shares of Wal-Mart Stores during the first quarter worth approximately $33,916,000. 29.55% of the stock is currently owned by institutional investors and hedge funds.

About Wal-Mart Stores

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 Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.

5 Day Chart for NYSE:WMT

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