Walgreen price prediction today

Here is the price prediction for Walgreens Boots Alliance (WBA) today: 1. **Short-Term Price Target**: The average price target for WBA is $13.67, with a high forecast of $22.00 and a low forecast of $9.00. This represents a 16.84% change from the last price of $11.70. 2. **Analyst Ratings**: The consensus rating for WBA is "Hold" with 12 analysts rating it as "Hold," 2 rating it as "Buy," and 3 rating it as "Sell". 3. **Stock Performance**: Walgreens Boots Alliance's stock has experienced significant declines, with a 65% year-to-date drop. Despite this, the stock outperformed the S&P 500 on October 11, 2024, with a 1.83% change. 4. **Earnings Estimate**: The estimated EPS for Q4 2024 is $0.36 per share, which represents a 43% year-over-year decline. 5. **Revenue Estimate**: The estimated revenue for Q4 2024 is $35.75 billion. 6. **Stock Valuation**: Morgan Stanley lowered its price target to $7.00 from $9.00, indicating a potential downside from the current price. 7. **Historical Performance**: Historically, Walgreens Boots Alliance has seen an average 14.4% rise over the next 52 weeks, with 62.75% of the time exceeding this average. In conclusion, while there is potential for the stock to increase based on historical performance, the current analyst ratings and price targets suggest a cautious outlook. The upcoming earnings report on October 15, 2024, will be a critical event to watch for further insights into the company's performance and potential stock price movements.