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.