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Shares of Wal-Mart Stores (NYSE:WMT) have earned an average recommendation of “Hold” from the twenty-three analysts that are currently covering the stock, American Banking & Market News reports. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $79.94.

Shares of Wal-Mart Stores (NYSE:WMT) opened at 74.39 on Friday. 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 $75.49 and its 200-day moving average is $75.94. The company has a market cap of $239.8 billion and a P/E ratio of 15.36.

Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 14th. The company reported $1.21 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.21. The company had revenue of $119.30 billion for the quarter, compared to the consensus estimate of $119.00 billion. During the same quarter last year, the company posted $1.24 earnings per share. On average, analysts predict that Wal-Mart Stores will post $5.12 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at S&P Equity Research reiterated a “positive” rating on shares of Wal-Mart Stores in a research note on Wednesday. Separately, analysts at Jefferies Group downgraded shares of Wal-Mart Stores from a “buy” rating to a “hold” rating in a research note on Monday. They now have a $76.00 price target on the stock, down previously from $89.00. Finally, analysts at Goldman Sachs downgraded shares of Wal-Mart Stores from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 29th. They now have a $83.00 price target on the stock.

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

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