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Walgreens Boots Alliance Inc (WBA) Stock: Do Analysts Think You Should Accumulate?

Wednesday, November 24, 2021 12:13 PM | InvestorsObserver Analysts

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Walgreens Boots Alliance Inc (WBA) Stock: Do Analysts Think You Should Accumulate?

InvestorsObserver is giving Walgreens Boots Alliance Inc (WBA) an Analyst Rating Rank of 13, meaning WBA is ranked higher by analysts than 13% of stocks. The average price target for WBA is $55.555 and analyst’s rate the stock as a Buy.

Overall Score - 3.3
Wall Street analysts are rating WBA a Buy today. Find out what this means to you and get the rest of the rankings on WBA!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Walgreens Boots Alliance Inc Stock Today?

Walgreens Boots Alliance Inc (WBA) stock is trading at $46.41 as of 12:10 PM on Wednesday, Nov 24, a loss of -$0.98, or -2.07% from the previous closing price of $47.39. The stock has traded between $46.41 and $47.34 so far today. Volume today is low. So far 2,397,637 shares have traded compared to average volume of 6,534,464 shares. Click Here to get the full Stock Report for Walgreens Boots Alliance Inc stock.

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