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$WBA WALGREENS HAS FOUND A BOTTOM, UPSIDE REVERSAL TRADE

Long
NASDAQ:WBA   Walgreens Boots Alliance, Inc.
2019 HAS NOT BEEN KIND TO WBA INVESTORS, IT HAS WON THE WORST DOW STOCK AWARD , WITH A 22% DECLINE AND HAS RECENTLY REACHED 5 YEAR LOW. CURRENTLY TRADING AT A VERY REASONABLE P/E RATIO IT HAS STARTED TO FIND A BOTTOM AND HAVING RECENTLY RECLAIMED THE 200MA IT IS GATHERING THE INTEREST OF INVESTORS AGAIN.

AVERAGE ANALYSTS PRICE TARGET $58.67
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 9.9
SHORT INTEREST 2.94

COMPANY PROFILE
Walgreens Boots Alliance, Inc. engages in the provision of drug store services. The company operates through the following segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment engages in pharmacy-led health and beauty retail businesses, which sells its products under brand names Walgreens and Duane Reade. The Retail Pharmacy International segment offers retail stores, which sells products of brands No7, Boots Pharmaceuticals, Botanics, Liz Earle, and Soap & Glory. The Pharmaceutical Wholesale segment supplies medicines, other healthcare products and related services to pharmacies, doctors, health centers, and hospitals. The company was founded in 1901 and is headquartered in Deerfield, IL.

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