Walgreen (WAG) Scheduled to Post Quarterly Earnings on Tuesday
Walgreen (NYSE:WAG) will issue its Q413 quarterly earnings data on Tuesday, October 1st. Analysts expect the company to announce earnings of $0.72 per share and revenue of $17.95 billion for the quarter.
Shares of Walgreen (NYSE:WAG) opened at 54.51 on Monday. Walgreen has a 1-year low of $31.88 and a 1-year high of $56.84. The stock’s 50-day moving average is $51.1 and its 200-day moving average is $49.02. The company has a market cap of $51.512 billion and a P/E ratio of 23.94.
WAG has been the subject of a number of recent research reports. Analysts at Mizuho raised their price target on shares of Walgreen (NYSE:WAG) from $58.00 to $62.00 in a research note to investors on Wednesday, September 25th. They now have a “buy” rating on the stock. On the ratings front, analysts at Morgan Stanley upgraded shares of Walgreen (NYSE:WAG) from an “equal weight” rating to an “overweight” rating in a research note to investors on Monday, September 23rd. They now have a $70.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Walgreen (NYSE:WAG) from $56.00 to $62.00 in a research note to investors on Friday, September 20th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Walgreen presently has an average rating of “Buy” and an average target price of $55.93.
Walgreen Co (NYSE:WAG), together with its subsidiaries, operates the drugstore chain in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.