Walgreens Boots Alliance (NASDAQ:WBA – Free Report) had its goal worth lowered by Morgan Stanley from $9.00 to $7.00 in a analysis notice issued to traders on Friday morning, Benzinga studies. The brokerage presently has an underweight score on the pharmacy operator’s inventory.
A number of different analysis analysts additionally not too long ago weighed in on the corporate. JPMorgan Chase & Co. reduce their worth goal on Walgreens Boots Alliance from $20.00 to $15.00 and set an obese score for the corporate in a analysis notice on Friday, August thirtieth. UBS Group diminished their goal worth on shares of Walgreens Boots Alliance from $17.00 to $12.00 and set a impartial score for the corporate in a analysis notice on Wednesday, July third. Financial institution of America dropped their worth goal on shares of Walgreens Boots Alliance from $11.00 to $7.50 and set an underperform score on the inventory in a analysis notice on Wednesday, September 4th. Barclays diminished their worth goal on shares of Walgreens Boots Alliance from $11.00 to $7.00 and set an underweight score for the corporate in a analysis notice on Tuesday, July twenty third. Lastly, Truist Monetary dropped their goal worth on Walgreens Boots Alliance from $13.00 to $10.00 and set a maintain score on the inventory in a analysis report on Monday, October seventh. 4 equities analysis analysts have rated the inventory with a promote score, eight have given a maintain score and two have given a purchase score to the inventory. In response to MarketBeat.com, the inventory presently has a consensus score of Maintain and a mean worth goal of $13.46.
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Walgreens Boots Alliance Worth Efficiency
Walgreens Boots Alliance inventory opened at $9.21 on Friday. The enterprise’s 50 day easy transferring common is $9.45 and its 200 day easy transferring common is $13.40. Walgreens Boots Alliance has a 12 month low of $8.22 and a 12 month excessive of $27.05. The corporate has a market cap of $7.95 billion, a price-to-earnings ratio of -1.37, a PEG ratio of 1.04 and a beta of 0.70. The corporate has a present ratio of 0.65, a fast ratio of 0.31 and a debt-to-equity ratio of 0.49.
Hedge Funds Weigh In On Walgreens Boots Alliance
Hedge funds and different institutional traders have not too long ago added to or diminished their stakes within the enterprise. Iron Horse Wealth Administration LLC elevated its holdings in shares of Walgreens Boots Alliance by 162.5% within the 2nd quarter. Iron Horse Wealth Administration LLC now owns 2,100 shares of the pharmacy operator’s inventory price $25,000 after shopping for a further 1,300 shares over the last quarter. Pineridge Advisors LLC purchased a brand new place in Walgreens Boots Alliance within the fourth quarter valued at $26,000. Blue Belief Inc. raised its place in Walgreens Boots Alliance by 87.0% in the course of the second quarter. Blue Belief Inc. now owns 2,324 shares of the pharmacy operator’s inventory valued at $28,000 after buying a further 1,081 shares within the final quarter. Continuum Advisory LLC lifted its stake in Walgreens Boots Alliance by 71.2% in the course of the second quarter. Continuum Advisory LLC now owns 2,453 shares of the pharmacy operator’s inventory price $30,000 after buying a further 1,020 shares over the last quarter. Lastly, Strategic Funding Options Inc. IL bought a brand new place in shares of Walgreens Boots Alliance within the 2nd quarter price about $34,000. 58.59% of the inventory is presently owned by hedge funds and different institutional traders.
Walgreens Boots Alliance Firm Profile
Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail firm in the USA, the UK, Germany, and internationally. It operates by three segments: U.S. Retail Pharmacy, Worldwide, and U.S. Healthcare. The U.S. Retail Pharmacy section engages in operation of the retail drugstores, well being and wellness companies, specialty, and residential supply pharmacy companies, which provides well being and wellness, magnificence, private care and consumables, and common merchandise.
Additional Studying
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