Walgreens Boots Alliance, Inc. (WBA) Stock Rating Lowered by Zacks Investment Research

Walgreens Boots Alliance, Inc. (WBA) Stock Rating Lowered by Zacks Investment Research”

Now we will discuss the financial strength of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) that has shown a discernible change in trend levels over the path of recent market activity. The firm now has a hold rating on the pharmacy operator's stock.

Several other analysts have also recently commented on WBA. Zacks upgraded Walgreens Boots Alliance Inc (NASDAQ:WBA) rating on Tuesday, September 1. (The) reaffirmed a neutral rating and issued a $77.00 price target (down previously from $89.00) on shares of Walgreens Boots Alliance in a research report on Wednesday, June 28th. Goldman Sachs Group, Inc.

Among 18 analysts covering Walgreens Boots Alliance (NASDAQ:WBA), 12 have Buy rating, 1 Sell and 5 Hold. Walgreens Boots Alliance had 39 analyst reports since August 24, 2015 according to SRatingsIntel. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Walgreens Boots Alliance now has a consensus rating of "Buy" and a consensus price target of $90.18.

Shares of Walgreens Boots Alliance (NASDAQ:WBA) opened at 67.74 on Friday. The firm has a market cap of $72.54 billion, a price-to-earnings ratio of 17.12 and a beta of 1.25. The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) earned "Outperform" rating by Wells Fargo on Monday, October 31. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in WBA's price. "Analysts" was published by BBNS and is owned by of BBNS. If you are viewing this story on another publication, it was copied illegally and republished in violation of U.S. & worldwide trademark and copyright legislation. The firm owned 7,405 shares of the pharmacy operator's stock after selling 348 shares during the period. Shares repurchase programs are typically a sign that the company's board believes its shares are undervalued.

In other news, Director William C. Foote sold 2,736 shares of Walgreens Boots Alliance stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $85.00, for a total value of $2,039,660.00.

The last closing stock price represents a downfall of -23.02% in price from company's fifty two-Week high price and indicates a 1.23% above from its 52-Week low price. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 13.50% of the company's stock. Fulton Bank N.A. grew its stake in Walgreens Boots Alliance by 18.8% in the 3rd quarter. Capital World Investors now owns 19,625,115 shares of the pharmacy operator's stock valued at $1,634,183,000 after buying an additional 2,028,252 shares in the last quarter. Walgreens Boots Alliance Inc (NASDAQ:WBA) has risen 5.77% since October 20, 2016 and is uptrending. State Street Corp grew its position in shares of Walgreens Boots Alliance by 1.8% during the 1st quarter. Quantbot Technologies LP's holdings in Walgreens Boots Alliance were worth $596,000 at the end of the most recent quarter. TIAA CREF Investment Management LLC grew its position in shares of Walgreens Boots Alliance by 22.4% during the 1st quarter.

Shares of Walgreens Boots Alliance Inc. Reilly Financial Advisors LLC now owns 1,367 shares of the pharmacy operator's stock worth $107,000 after purchasing an additional 100 shares during the last quarter. IBM Retirement Fund grew its position in shares of Walgreens Boots Alliance by 88.1% in the 2nd quarter. Institutional investors and hedge funds own 60.14% of the company's stock.

The market capitalization of Walgreens Boots Alliance, at $74.03 Billion. The Company is a global pharmacy-led, health and wellbeing enterprise. The Firm operates through three divisions: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.

Like this


21 October 2017
Apple Hit with Trademark Lawsuit Over Animoji Name
What's more, Bonansea has had a messaging app in the App Store with the Animoji branding going all the way back to 2014. It's a fun little texting tool that uses the classic emoji smilies, but animates them to make them pop a bit more.

21 October 2017
No breakthrough for FBI yet in tracing Sherin Mathews
A radio module, display monitor and a seat belt were obtained from the Acura SUV that was missing the morning Sherin went missing. Both parents have retained lawyers, despite the fact that Sini Mathews has not been accused of any wrongdoing.

21 October 2017
Hot Stock to Watch: Stratasys Ltd. (SSYS)
About 7,031 shares traded. (NASDAQ:SSYS) is trading up by 11.22% at $23.30 giving it a place as a top gainer in the market today. On average, equities research analysts predict that Stratasys will post $0.37 earnings per share for the current year.

21 October 2017
How Insiders and Institutions are Trading International Business Machines Corporation (IBM)
International Business Machines Corporation (NYSE: IBM ) last released its quarterly earnings data on Tuesday, October 17th. International Business Machines Corporation (NYSE: IBM ) remained flat at $160.90 during mid-day trading on Wednesday.

21 October 2017
ICICI Bank Limited (IBN) Given Media Sentiment Rating of 0.20
The most recently updated ratings and price targets from brokers issued for ICICI Bank Limited (NYSE: IBN ) are included below. Media headlines about ICICI Bank Limited (NYSE: IBN ) have trended somewhat positive this week, Accern Sentiment reports.

21 October 2017
Taylor Morrison Home Corporatio (NYSE:TMHC) Experiences Light Trading Volume
Brandywine Global Investment Limited Liability Company invested 0.03% of its portfolio in Taylor Morrison Home Corp (NYSE:TMHC). This buyback authorization allows the construction company to purchase up to 2.9% of its stock through open market purchases.

20 October 2017
Huge TLC Changes: Kurt Angle Returns! Styles Vs. Balor!
On Friday, it was revealed that Angle will be replacing Roman Reigns at the upcoming WWE TLC: Tables, Ladders and Chairs event. This will be Angle's first match in a WWE ring in more than 11 years when he lost to Randy Orton at Vengeance 2006.

20 October 2017
The Cisco Systems Inc. (CSCO) Updates Q2 Earnings Guidance
Barclays Pcl invested 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD). 13 funds opened positions while 19 raised stakes. Paloma Partners Management Company sold 355,253 shares as the company's stock declined 7.50% while stock markets rallied.

20 October 2017
Looking for work? Prince William, Prince Harry and Duchess Kate are hiring!
In the listing for the job, the palace did include the duties of press briefings and handling special projects. The Duke and Duchess of Cambridge and Prince Harry are hiring a senior communications officer.

20 October 2017
Hennessey Venom F5 set to debut at SEMA Show
That is a big number, one that dwarves the 431.072 km/h set by the Veyron Super Sport, the current Guinness World Record holder. Hennessey Performance's latest images are the surest indication yet that the Venom F5 hypercar will hit 300mph.