Walmart Stock: Analysts’ Expectations

Will Walmart Stock Bounce Back in 2019? (Continued from Prior Part) ## Analysts’ expectations Most of the analysts maintained a neutral outlook on Walmart (WMT) stock. Walmart will likely sustain the momentum in its comps due to higher traffic and the ticket size. Walmart’s expanded e-commerce offerings, value pricing, focus on merchandising, and easy returns are expected to drive the traffic. However, pressure on Walmart’s margins and increased competition are keeping analysts on the sidelines. Analysts have a consensus target price of $107 per share on Walmart stock, which indicates an upside of 15.2% based on its closing price of $92.86 on January 3. In comparison, analysts have a target price of $83.47 per share on Target (TGT) stock, which implies an upside of 27.4%. Analysts have a consensus target price of $239 per share on Costco (COST), which indicates an upside of 19.3%. ## Rating summary Among the 32 analysts covering Walmart stock, 18 recommended a “hold,” while 14 recommended a “buy.” Analysts maintained a neutral outlook on Target. Among the analysts, 16 recommended a “hold” on Target stock, nine recommended a “buy,” and one recommended a “sell.” Most of the analysts recommended a “buy” on Costco stock. Among the 28 analysts covering Costco, 17 recommended a “buy,” while 11 maintained a “hold.” Browse this series on Market Realist: * Part 1 - Will Walmart Stock Bounce Back in 2019? * Part 2 - Walmart’s Top Line Could Be Impressive in 2019 * Part 3 - What Could Hurt Walmart’s Profitability in 2019?