Could you please elaborate on the concept of Walmart's 12-month target price? Are we discussing an estimate made by analysts or investors, or is it an official target set by the company itself? How is this target price determined, and what factors might influence its calculation? Is it a conservative or aggressive estimate, and how does it compare to the company's current stock price and past performance? Additionally, what potential implications could a target price have for investors and the broader market?
7 answers
DigitalLegendGuard
Tue Jul 30 2024
Walmart, a retail giant, has garnered significant attention from analysts who have provided their opinions on the company's future performance.
CryptoConqueror
Tue Jul 30 2024
To determine the upside potential, we calculate the difference between the current stock price and the analysts' average price target.
Caterina
Tue Jul 30 2024
Specifically, analysts have set a 12-month average price target for Walmart's stock, which is a key indicator for investors.
Chloe_jackson_athlete
Tue Jul 30 2024
According to the analysts' consensus, the target price for Walmart's stock over the next 12 months stands at $73.12.
TopazRider
Tue Jul 30 2024
This price target serves as a benchmark for evaluating the potential upside for investors who hold or are considering investing in Walmart's stock.