Zacks Investment Research upgraded shares of Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) from a hold rating to a buy rating in a report issued on Saturday, June 10th. The brokerage currently has $26.00 target price on the stock.
According to Zacks, “WAL-MART de Mexico-ADR operates 587 commercial units, including self-service stores, department, and restaurants. “
Shares of Wal-Mart de Mexico SAB de CV (WMMVY) traded up 2.562% on Friday, reaching $24.215. The company had a trading volume of 43,522 shares. The firm has a market capitalization of $42.28 billion, a PE ratio of 23.284 and a beta of 0.70. The company has a 50-day moving average price of $23.04 and a 200-day moving average price of $20.55. Wal-Mart de Mexico SAB de CV has a 52-week low of $15.95 and a 52-week high of $24.91.
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About Wal-Mart de Mexico SAB de CV
Wal Mart de Mexico SAB de CV is a Mexico-based company engaged in operating self-service stores. The Company’s segments include Mexico and Central America. In Mexico, the Company operates through Self-service, which includes the operation of discount stores, hypermarkets, wholesale-price membership stores and supermarkets, and Others, which includes department stores and real estate transactions with third parties.
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