- Walgreens Boots Alliance (WBA, Financial) exceeds earnings expectations but withdraws future guidance.
- Analysts predict an average target price of $12.04, indicating a potential 12.45% upside.
- GuruFocus suggests a potential upside of 214.57% based on GF Value estimates.
Walgreens Boots Alliance (WBA) recently achieved higher-than-expected earnings and revenue, yet opted to retract its future outlook. This strategic decision aligns with the company's focus on a significant $10 billion privatization deal with Sycamore Partners. Notably, cost-saving strategies are said to be playing a pivotal role in enhancing these financial results.
Wall Street Analysts Forecast
Analysts have weighed in with their one-year price targets for Walgreens Boots Alliance Inc (WBA, Financial), which averages at $12.04. This includes a high estimate of $19.21 and a low estimate of $8.50, indicating a potential upside of 12.45% from the current share price of $10.71. For more in-depth estimate data, visit the Walgreens Boots Alliance Inc (WBA) Forecast page.
According to consensus recommendations from 16 brokerage firms, Walgreens Boots Alliance Inc's (WBA, Financial) recommendation stands at 2.9, which corresponds to a "Hold" on the rating scale of 1 to 5. Here, 1 represents a Strong Buy, and 5 reflects a Sell.
GuruFocus Value Estimation
From the perspective of GuruFocus estimates, the projected GF Value for Walgreens Boots Alliance Inc (WBA, Financial) in one year is $33.69. This projection reveals a remarkable 214.57% upside from the current price of $10.71. The GF Value is GuruFocus' estimation of the stock's fair value, calculated by considering historical trading multiples, past business growth, and future performance expectations. For further details, explore the Walgreens Boots Alliance Inc (WBA) Summary page.
