Robert Walters PLC (RWA) Reaches New 52-Week High at $607.50

Robert Walters PLC (LON:RWA) shares reached a new 52-week high on Thursday . The company traded as high as GBX 607.50 ($8.02) and last traded at GBX 607.50 ($8.02), with a volume of 4,417 shares. The stock had previously closed at GBX 583.50 ($7.70).

A number of research analysts recently weighed in on the company. Numis Securities Ltd downgraded Robert Walters PLC to an “add” rating and upped their price target for the stock from GBX 560 ($7.39) to GBX 700 ($9.24) in a research note on Wednesday, October 11th. Liberum Capital upped their price target on Robert Walters PLC from GBX 560 ($7.39) to GBX 595 ($7.85) and gave the stock a “buy” rating in a research note on Tuesday, October 10th. Credit Suisse Group upped their price target on Robert Walters PLC from GBX 480 ($6.33) to GBX 500 ($6.60) and gave the stock an “outperform” rating in a research note on Thursday, July 27th. Finally, Investec reaffirmed a “buy” rating and set a GBX 530 ($6.99) price target on shares of Robert Walters PLC in a research note on Wednesday, July 26th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Robert Walters PLC presently has an average rating of “Buy” and an average target price of GBX 549 ($7.24).

The company has a 50 day moving average of GBX 553.96 and a 200 day moving average of GBX 479.25. The company’s market capitalization is GBX 414.10 million.

In other news, insider Giles P. Daubeney sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of GBX 590 ($7.79), for a total value of £590,000 ($778,569.54). Also, insider Giles P. Daubeney sold 650,000 shares of the business’s stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of GBX 580 ($7.65), for a total value of £3,770,000 ($4,974,927.42). Over the last three months, insiders sold 765,000 shares of company stock worth $444,865,000.

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Robert Walters PLC Company Profile

Robert Walters plc is a United Kingdom-based professional recruitment consultancy. The Company offers specialist professional recruitment and recruitment process outsourcing services. The Company’s segments are Asia Pacific, UK, Europe and Other International. Other International consists of the United States, South Africa, the Middle East and Brazil.

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