Weight Watchers International (NASDAQ:WW) was upgraded by research analysts at DA Davidson from a “neutral” rating to a “buy” rating in a report issued on Friday, Marketbeat.com reports. The firm currently has a $32.00 price target on the stock, up from their prior price target of $24.50. DA Davidson’s target price suggests a potential upside of 29.14% from the stock’s current price.
Several other equities analysts have also weighed in on the company. ValuEngine lowered Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. Zacks Investment Research lowered Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Saturday, May 11th. JPMorgan Chase & Co. set a €33.40 ($38.84) target price on Siemens Healthineers and gave the company a “neutral” rating in a report on Thursday, July 11th. Bank of America restated a “buy” rating and set a $143.00 target price on shares of Xilinx in a report on Friday, May 3rd. Finally, B. Riley raised their target price on Rogers from $200.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $24.80.
WW opened at $24.78 on Friday. The firm has a market capitalization of $1.69 billion, a PE ratio of 7.77, a price-to-earnings-growth ratio of 1.32 and a beta of 2.34. Weight Watchers International has a 1 year low of $16.71 and a 1 year high of $96.47. The company’s fifty day moving average price is $20.36.
In other news, General Counsel Michael F. Colosi sold 16,993 shares of Weight Watchers International stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $17.03, for a total value of $289,390.79. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Michael F. Colosi sold 16,898 shares of Weight Watchers International stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $22.41, for a total value of $378,684.18. The disclosure for this sale can be found here. Insiders own 12.03% of the company’s stock.
Weight Watchers International Company Profile
Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It provides a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.
Further Reading: Momentum Indicator: Relative Strength Index
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