Weight Watchers International (NYSE:WTW) had its target price boosted by B. Riley from $65.00 to $86.00 in a report published on Thursday morning, MarketBeat Ratings reports. They currently have a buy rating on the stock.
WTW has been the topic of a number of other research reports. Zacks Investment Research upgraded Weight Watchers International from a hold rating to a strong-buy rating and set a $52.00 price target on the stock in a research report on Tuesday, November 21st. Craig Hallum reiterated a buy rating and issued a $70.00 price target (up previously from $50.00) on shares of Weight Watchers International in a research report on Tuesday, November 7th. Finally, ValuEngine lowered Weight Watchers International from a buy rating to a hold rating in a research report on Thursday, December 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $59.00.
Shares of Weight Watchers International (WTW) opened at $69.17 on Thursday. Weight Watchers International has a 52-week low of $12.05 and a 52-week high of $76.09. The company has a market capitalization of $4,450.00, a PE ratio of 41.17, a price-to-earnings-growth ratio of 2.79 and a beta of 3.35. The company has a debt-to-equity ratio of -1.74, a current ratio of 0.96 and a quick ratio of 0.88.
Large investors have recently made changes to their positions in the company. Public Employees Retirement Association of Colorado acquired a new position in shares of Weight Watchers International in the 4th quarter valued at about $113,000. Sei Investments Co. lifted its stake in shares of Weight Watchers International by 3,364.2% in the 3rd quarter. Sei Investments Co. now owns 4,157 shares of the company’s stock valued at $181,000 after purchasing an additional 4,037 shares during the period. Trexquant Investment LP acquired a new position in shares of Weight Watchers International in the 3rd quarter valued at about $216,000. Virginia Retirement Systems ET AL acquired a new position in shares of Weight Watchers International in the 3rd quarter valued at about $226,000. Finally, Bluestein R H & Co. acquired a new position in shares of Weight Watchers International in the 3rd quarter valued at about $240,000. 86.11% of the stock is currently owned by institutional investors.
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Weight Watchers International Company Profile
Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.
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