Zacks: Wal-mart de Mexico S A B de C V (NASDAQ:WMMVY) Given $29.00 Average Price Target by Analysts
Wal-mart de Mexico S A B de C V (NASDAQ:WMMVY) has been assigned a consensus broker rating score of 2.00 (Buy) from the four analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation and two have given a strong buy recommendation to the company. Wal-mart de Mexico S A B de C V’s rating score has declined by 11.1% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Analysts have set a twelve-month consensus price objective of $29.00 for the company and are forecasting that the company will post $0.20 EPS for the current quarter, according to Zacks. Zacks has also given Wal-mart de Mexico S A B de C V an industry rank of 237 out of 265 based on the ratings given to related companies.
A number of equities analysts have recently issued reports on WMMVY shares. Goldman Sachs Group Inc. raised Wal-mart de Mexico S A B de C V from a “neutral” rating to a “buy” rating in a research report on Monday, June 6th. JPMorgan Chase & Co. increased their price target on Wal-mart de Mexico S A B de C V from $50.00 to $53.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 14th. Finally, Zacks Investment Research downgraded Wal-mart de Mexico S A B de C V from a “buy” rating to a “hold” rating in a research report on Wednesday, July 13th.
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Wal-mart de Mexico S A B de C V (NASDAQ:WMMVY) traded down 0.05% during trading on Tuesday, hitting $21.09. The stock had a trading volume of 17,891 shares. The stock has a market capitalization of $36.83 billion and a PE ratio of 26.04. Wal-mart de Mexico S A B de C V has a 52-week low of $21.06 and a 52-week high of $28.11. The stock’s 50-day moving average is $23.08 and its 200-day moving average is $23.50.
About Wal-mart de Mexico S A B de C V
Wal-Mart de Mexico, SAB. de C.V. (WALMEX) is engaged in operating self-service stores. The Company’s segments include Mexico and Central America. In Mexico, the Company operates through Self-service, which includes the operation of discount stores, hypermarkets, wholesale-price membership stores and supermarkets, and Others, which includes department stores and real estate transactions with third parties.
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