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Shares of Wal-Mart Stores (NYSE:WMT) have received an average recommendation of “Hold” from the twenty-three analysts that are currently covering the stock, AnalystRatingsNetwork reports. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $79.65.

Several analysts have recently commented on the stock. Analysts at Telsey Advisory Group reiterated a “” rating on shares of Wal-Mart Stores in a research note on Sunday. They now have a $80.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Wal-Mart Stores in a research note on Friday. They now have a $78.00 price target on the stock, down previously from $80.00. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of Wal-Mart Stores in a research note on Friday. They now have a $80.00 price target on the stock, down previously from $83.00.

Shares of Wal-Mart Stores (NYSE:WMT) opened at 74.49 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 $75.43 and its 200-day moving average is $75.96. The company has a market cap of $240.6 billion and a P/E ratio of 15.16.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings results 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. Analysts expect that Wal-Mart Stores will post $5.05 EPS for the current fiscal year.

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

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