Analysts at Oppenheimer Reiterate their “Outperform” rating for Wal-Mart Stores (WMT). The Target Price per Share Given is $100; HDFC Bank Limited (ADR) (HDB) Covered By 1 Bullish Analysts Last Week

November 15, 2017 - By Richard Conner

Among 35 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 1 Sell and 17 Hold. Therefore 49% are positive. Wal-Mart Stores Inc has $100.0 highest and $55 lowest target. $81.06’s average target is -9.87% below currents $89.94 stock price. Wal-Mart Stores Inc had 119 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Conviction Buy” rating given on Friday, July 14 by Goldman Sachs. As per Friday, August 11, the company rating was upgraded by Stephens. Cowen & Co maintained the stock with “Buy” rating in Wednesday, September 20 report. The firm has “Equal-Weight” rating given on Wednesday, November 8 by Morgan Stanley. Stifel Nicolaus maintained Wal-Mart Stores Inc (NYSE:WMT) on Wednesday, August 9 with “Hold” rating. The firm has “Buy” rating given on Thursday, August 24 by Robert W. Baird. The company was upgraded on Monday, September 12 by Cowen & Co. The stock of Wal-Mart Stores Inc (NYSE:WMT) earned “Neutral” rating by Sterne Agee CRT on Tuesday, August 18. Bank of America downgraded the stock to “Neutral” rating in Thursday, October 15 report. The stock has “Buy” rating by Robert W. Baird on Monday, October 2.

Among 3 analysts covering HDFC Bank Limited (NYSE:HDB), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. HDFC Bank Limited had 5 analyst reports since August 27, 2015 according to SRatingsIntel. As per Thursday, August 27, the company rating was downgraded by Zacks. The company was upgraded on Monday, September 21 by Zacks. The stock of HDFC Bank Limited (ADR) (NYSE:HDB) earned “Buy” rating by Goldman Sachs on Wednesday, September 14. The company was downgraded on Wednesday, September 2 by Zacks. As per Tuesday, March 21, the company rating was downgraded by Morgan Stanley. See HDFC Bank Limited (ADR) (NYSE:HDB) latest ratings:

Since May 19, 2017, it had 0 insider purchases, and 23 sales for $4.06 billion activity. 11,104 shares valued at $868,299 were sold by Gearhart Jeffrey J on Wednesday, May 24. On Tuesday, May 23 the insider Canney Jacqueline P sold $104,113. The insider WALTON ALICE L sold 2.48M shares worth $193.96 million. $237.76 million worth of stock was sold by WALTON JIM C on Friday, June 9. WALTON S ROBSON sold $193.96M worth of stock or 2.48 million shares. $408,070 worth of Wal-Mart Stores Inc (NYSE:WMT) shares were sold by Chojnowski David.

About 70,049 shares traded. Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since November 15, 2016 and is uptrending. It has underperformed by 2.87% the S&P500.

Analysts await Wal-Mart Stores Inc (NYSE:WMT) to report earnings on November, 16 before the open. They expect $0.97 earnings per share, down 1.02% or $0.01 from last year’s $0.98 per share. WMT’s profit will be $2.90 billion for 23.18 P/E if the $0.97 EPS becomes a reality. After $1.08 actual earnings per share reported by Wal-Mart Stores Inc for the previous quarter, Wall Street now forecasts -10.19% negative EPS growth.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The company has market cap of $268.67 billion. The Firm operates through three divisions: Walmart U.S., Walmart International and Sam’s Club. It has a 21.64 P/E ratio. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Investors sentiment increased to 1.02 in Q2 2017. Its up 0.13, from 0.89 in 2017Q1. It increased, as 59 investors sold Wal-Mart Stores Inc shares while 517 reduced holdings. 129 funds opened positions while 457 raised stakes. 877.29 million shares or 0.13% more from 876.16 million shares in 2017Q1 were reported. Exchange Mgmt has 0.06% invested in Wal-Mart Stores Inc (NYSE:WMT) for 2,299 shares. Psagot Invest House Limited owns 900 shares for 0% of their portfolio. Woodstock accumulated 37,666 shares. The Illinois-based Allstate has invested 0.13% in Wal-Mart Stores Inc (NYSE:WMT). Foster Dykema Cabot Company Inc Ma accumulated 0.16% or 11,776 shares. Kornitzer Mngmt Ks has 0.33% invested in Wal-Mart Stores Inc (NYSE:WMT). Shayne And Com Lc reported 8,286 shares. Enterprise Finance Service accumulated 9,690 shares or 0.37% of the stock. Central Natl Bank And Trust Company holds 0.01% or 446 shares. Everence Cap Mgmt has invested 0.57% in Wal-Mart Stores Inc (NYSE:WMT). Cleararc Capital accumulated 36,231 shares or 0.44% of the stock. Autus Asset Mngmt Ltd Liability Corporation has 0.04% invested in Wal-Mart Stores Inc (NYSE:WMT). Rothschild Corporation Il reported 49,184 shares. Comerica Secs has invested 0.2% in Wal-Mart Stores Inc (NYSE:WMT). Lyons Wealth Ltd has invested 1.33% in Wal-Mart Stores Inc (NYSE:WMT).

About 2 shares traded. HDFC Bank Limited (ADR) (NYSE:HDB) has risen 36.23% since November 15, 2016 and is uptrending. It has outperformed by 19.53% the S&P500.

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