Published: Wed, April 19, 2017
Health | By Jay Jacobs

Walgreens Boots Alliance Inc (WBA) Receives $90.93 Consensus Target Price from Brokerages


WBA has been the topic of several recent analyst reports. Finally, Robert W. Baird reaffirmed an "outperform" rating on shares of Walgreens Boots Alliance in a report on Tuesday, January 24th. Leerink Swann set a $90.00 target price on Walgreens Boots Alliance and gave the stock a "buy" rating in a report on Sunday, January 8th. Evercore ISI reaffirmed a "buy" rating and issued a $93.00 price target on shares of Walgreens Boots Alliance in a report on Tuesday, January 31st. Also, Director Janice M. Babiak acquired 600 shares of Walgreens Boots Alliance stock in a transaction dated Thursday, February 2nd.

Activision Blizzard, Inc. (NASDAQ:ATVI) closed at $48.80 a share in the latest session and the stock value rose nearly 35.97% since the beginning of this year. Following the purchase, the director now directly owns 600 shares in the company, valued at approximately $48,408. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

In related news, COO Ornella Barra acquired 124,000 shares of Walgreens Boots Alliance stock in a transaction dated Tuesday, February 7th. The stock was bought at an average price of $80.93 per share, with a total value of $10,035,320.00. Following the completion of the purchase, the chief operating officer now owns 1,690,336 shares in the company, valued at $136,798,892.48. The disclosure for this purchase can be found here.

Stock of Leucadia National Corporation (NYSE:LUK) now have an ABR of 1.00.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. AMI Asset Management Corp bought a new position in Walgreens Boots Alliance during the third quarter worth $25,304,000. Parasol Investment Management LLC now owns 1,787 shares of the pharmacy operator's stock valued at $144,000 after buying an additional 60 shares in the last quarter. As a cross-divisional function of Walgreens Boots Alliance, Global Brands aims to give WBA retail businesses as well as global partners a sustainable competitive advantage by combining great brands and innovative products with unparalleled commercial expertise and consumer insight. Capstone Asset Management Co. now owns 98,069 shares of the pharmacy operator's stock valued at $7,906,000 after buying an additional 5,691 shares in the last quarter. Atria Investments LLC boosted its stake in shares of Walgreens Boots Alliance by 80.5% in the third quarter. Daiwa SB Investments Ltd. now owns 83,980 shares of the pharmacy operator's stock valued at $6,770,000 after buying an additional 9,990 shares in the last quarter. Finally, Exane Derivatives boosted its position in shares of Walgreens Boots Alliance by 56.3% in the third quarter. If you are reading this piece on another publication, it was illegally copied and reposted in violation of USA & worldwide trademark & copyright law.

E2open announced today that Walgreens Boots Alliance, the largest retail pharmacy, health and daily living destination across the US and Europe, has selected E2open to enable Sales & Operations Planning for its Global Brands supply chain. Exane Derivatives now owns 1,884 shares of the pharmacy operator's stock valued at $152,000 after buying an additional 679 shares in the last quarter. Most recently on 2/6/17 the stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) upgraded by Atlantic Equities from Neutral to Overweight.

The company's price sits -1.10% below from its 50-day moving average of $84.22 and 1.20% far from the stock's 200-day moving average which is $83.19. The P/E ratio was recorded at 21.13.The volatility in the previous week has experienced by 0.99% and observed of 1.29% in the previous month.61.50% ownership is held by institutional investors while insiders hold ownership of 0.20%. Walgreens Boots Alliance also saw some unusual options trading activity on Monday. Stock investors purchased 696 put options on the company.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its earnings results on Wednesday, April 5th. The pharmacy operator reported $1.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.36. (WBA) is 1.36 while the analysts predicted the EPS of the stock to be 1.36 suggesting the company fell short of the analysts' expectations.

04/05/2017 - Walgreens Boots Alliance, Inc. had its "buy" rating reiterated by analysts at Guggenheim. This transaction brought together two leading companies with iconic brands, complementary geographic footprints, shared values and a heritage of trusted healthcare services through pharmaceutical wholesaling and community pharmacy care, dating back more than 100 years. During the same period in the prior year, the company posted $1.31 EPS. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/04/18/independent-advisor-alliance-buys-shares-of-19449-walgreens-boots-alliance-inc-wba-updated.html.

Walgreens Boots Alliance, Inc.is a holding company.

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