KeyBanc Keeps Their Buy Rating on Walmart (WMT)

In a report released today, Bradley Thomas from KeyBanc maintained a Buy rating on Walmart (WMT – Research Report), with a price target of $75.00. The company’s shares closed yesterday at $64.01.

According to TipRanks, Thomas is a 5-star analyst with an average return of 15.5% and a 64.34% success rate. Thomas covers the Consumer Cyclical sector, focusing on stocks such as Tempur Sealy, Ollie’s Bargain Outlet Holding, and Dollar Tree.

In addition to KeyBanc, Walmart also received a Buy from Robert W. Baird’s Justin Kleber in a report issued yesterday. However, on the same day, J.P. Morgan assigned a Hold rating to Walmart (NYSE: WMT).

The company has a one-year high of $61.44 and a one-year low of $47.66. Currently, Walmart has an average volume of 18.45M.

Based on the recent corporate insider activity of 211 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WMT in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Walmart (WMT) Company Description:

Walmart, Inc. boasts retail and wholesale businesses. It offers an assortment of merchandise and services at everyday low prices through its stores, Walmart.com and mobile apps. The company conducts its operations through three business segments: Walmart U.S., Walmart International, and Sam’s Club (membership-only warehouse clubs and samsclubs.com). The company was founded by Samuel Moore Walton and James Lawrence Walton in 1945 and is headquartered in Bentonville, AR.