Several other research firms have also recently issued reports on WW. DA Davidson upgraded Weight Watchers International from a neutral rating to a buy rating and increased their target price for the stock from $24.50 to $32.00 in a research report on Friday, July 19th. B. Riley upgraded Weight Watchers International from a neutral rating to a buy rating and increased their target price for the stock from $23.50 to $40.00 in a research report on Wednesday. Bank of America upgraded Weight Watchers International from an underperform rating to a buy rating and set a $27.00 target price for the company in a research report on Wednesday. Zacks Investment Research cut Weight Watchers International from a buy rating to a hold rating in a research report on Saturday, July 27th. Finally, JPMorgan Chase & Co. upgraded Weight Watchers International from an underweight rating to a neutral rating and increased their target price for the stock from $17.00 to $22.00 in a research report on Thursday, July 11th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $28.57.
Shares of NASDAQ:WW traded up $1.29 during trading on Thursday, hitting $31.15. 3,366,088 shares of the company’s stock were exchanged, compared to its average volume of 3,594,320. Weight Watchers International has a 52-week low of $16.71 and a 52-week high of $80.30. The firm has a 50-day moving average of $21.92. The firm has a market capitalization of $2.09 billion, a P/E ratio of 9.76, a price-to-earnings-growth ratio of 1.10 and a beta of 2.38.
In other Weight Watchers International news, General Counsel Michael F. Colosi sold 16,993 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $17.03, for a total transaction of $289,390.79. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 12.03% of the company’s stock.
About Weight Watchers International
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Weight Watchers International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International and related companies with MarketBeat.com's FREE daily email newsletter.