Walgreen Company PT Raised to $95.00 at Susquehanna (WAG)
Equities research analysts at Susquehanna lifted their price objective on shares of Walgreen Company (NYSE:WAG) from $80.00 to $95.00 in a research note issued to investors on Monday. The firm currently has a “positive” rating on the stock. Susquehanna’s price objective points to a potential upside of 27.45% from the company’s current price.
Shares of Walgreen Company (NYSE:WAG) traded up 0.46% on Monday, hitting $74.88. 1,543,826 shares of the company’s stock traded hands. Walgreen Company has a 1-year low of $43.31 and a 1-year high of $76.39. The stock’s 50-day moving average is $71.40 and its 200-day moving average is $64.77. The company has a market cap of $71.460 billion and a P/E ratio of 26.25.
Several other analysts have also recently commented on the stock. Analysts at SunTrust raised their price target on shares of Walgreen Company from $82.00 to $87.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Barclays upgraded shares of Walgreen Company from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, June 18th. They now have a $92.00 price target on the stock, up previously from $56.00. Finally, analysts at Mizuho raised their price target on shares of Walgreen Company from $78.00 to $83.00 in a research note on Monday, June 9th. They now have a “buy” rating on the stock. Eleven analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $71.33.
Walgreen Co (NYSE:WAG), together with its subsidiaries, operates as a retail drugstore chain in the United States.
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