Deutsche Bank analyst George Hill maintained a Hold rating on Walgreens Boots Alliance (WBA – Research Report) on June 28 and set a price target of $46.00. The company’s shares closed last Wednesday at $40.87, close to its 52-week low of $39.14.
According to TipRanks.com, Hill is a 4-star analyst with an average return of 6.2% and a 53.2% success rate. Hill covers the Healthcare sector, focusing on stocks such as AmerisourceBergen, Molina Healthcare, and 1Life Healthcare.
Currently, the analyst consensus on Walgreens Boots Alliance is a Hold with an average price target of $47.70, implying a 16.6% upside from current levels. In a report issued on June 25, Barclays also maintained a Hold rating on the stock with a $45.00 price target.
Walgreens Boots Alliance’s market cap is currently $35.3B and has a P/E ratio of 5.64.
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Retail pharmacy leader Walgreens Boots Alliance (NASDAQ:WBA) operates through its namesake brand Walgreens in the U.S. and Boots in the U.K. In addition, it owns retail and business brands including the No7 Beauty Company, Duane Reade, Ahumada in Chile, and Benavides in Mexico. The company also targets equity investments in healthcare, pharmacy, and retail and has a presence in over 25 countries with more than 450,000 employees.
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