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Research analysts at Standpoint Research began coverage on shares of Wal-Mart Stores (NYSE:WMT) in a report released on Wednesday, TheFlyOnTheWall.com reports. The firm set a “strong sell” rating on the stock.

Shares of Wal-Mart Stores (NYSE:WMT) traded up 0.12% on Wednesday, hitting $75.68. 4,083,859 shares of the company’s stock traded hands. Wal-Mart Stores has a one year low of $71.51 and a one year high of $81.37. The stock’s 50-day moving average is $77.78 and its 200-day moving average is $76.99. The company has a market cap of $244.7 billion and a price-to-earnings ratio of 15.61.

Wal-Mart Stores (NYSE:WMT) last released its earnings data on Thursday, May 15th. The company reported $1.10 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.15 by $0.05. The company had revenue of $114.20 billion for the quarter, compared to the consensus estimate of $116.29 billion. During the same quarter in the prior year, the company posted $1.14 earnings per share. Analysts expect that Wal-Mart Stores will post $5.17 EPS for the current fiscal year.

WMT has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Wal-Mart Stores in a research note on Friday, May 16th. They now have a $81.00 price target on the stock. Separately, analysts at Raymond James cut their price target on shares of Wal-Mart Stores from $85.00 to $83.00 in a research note on Friday, May 16th. They now have an “outperform” rating on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of Wal-Mart Stores from $84.00 to $83.00 in a research note on Friday, May 16th. They now have a “buy” rating on the stock. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the company. Wal-Mart Stores currently has a consensus rating of “Hold” and an average target price of $81.47.

Wal-Mart Stores, Inc (NYSE:WMT), operates retail stores in various formats globally.

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