Walgreens Boots Alliance Inc. buy gerihouse

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Equities researchers at Macquarie assumed coverage on shares of Walgreens Boots Alliance (NASDAQ:WBA) in a research report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $95.00 price target on the pharmacy operator’s stock. Macquarie’s price objective would suggest a potential upside of 12.87% from the stock’s previous close.

Walgreens Boots Alliance (NASDAQ:WBA) opened at 84.17 on Tuesday. Walgreens Boots Alliance has a 52-week low of $57.75 and a 52-week high of $93.42. The stock has a 50-day moving average of $85. and a 200-day moving average of $80.. 

Walgreens Boots Alliance (NASDAQ:WBA) last released its earnings data on Thursday, April 9th. The pharmacy operator reported $1.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.94 by $0.24. The company had revenue of $26.60 billion for the quarter, compared to the consensus estimate of $27.27 billion. During the same quarter in the prior year, the company posted $0.91 earnings per share. The company’s quarterly revenue was up 35.5% on a year-over-year basis. Analysts expect that Walgreens Boots Alliance will post $3.63 EPS for the current fiscal year.