What to Expect From Wal-Mart Stores Inc. in 2018
2017 has been a banner year for Wal-Mart Stores Inc. (NYSE: WMT). The retail giant, which was considered a dinosaur not long ago, has seen its stock jump 40% this year, besting nearly every other retailer.
Going into 2018, expectations for the company are high, shares are at an all-time peak, and its valuation is higher than it's been in a decade at a P/E ratio of 23.
Let's take a look at what investors can expect from the company going into next year and if it can keep up its current momentum.
Source: Fool.com
Walmart Inc. Stock
€56.21
0.120%
The stock is an absolute favorite of our community with 49 Buy predictions and no Sell predictions.
With a target price of 165 € there is potential for a 193.54% increase which would mean more than doubling the current price of 56.21 € for Walmart Inc..
