Auriga Upgrades Weight Watchers International to Buy (WTW)

By admin | 6 years ago

Weight Watchers International (NYSE: WTW) was upgraded by investment analysts at Auriga from a “hold” rating to a “buy” rating in a note issued to investors on Friday. The firm currently has a $81.00 target price on the stock.

Shares of Weight Watchers International traded down 3.67% during mid-day trading on Friday, hitting $59.90. Weight Watchers International has a one year low of $51.28 and a one year high of $86.97. The company has a market cap of $4.391 billion and a P/E ratio of 16.15.

Weight Watchers International last issued its quarterly earnings data on Wednesday, May 2nd. The company reported $0.74 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.78 by $0.04. Weight Watchers International’s revenue was up .0% compared to the same quarter last year. On average, analysts predict that Weight Watchers International will post $1.38 earnings per share next quarter.

WTW has been the subject of a number of other recent research reports. Analysts at Barclays Capital (NYSE: BCS) cut their price target on shares of Weight Watchers International from $92.00 to $84.00 in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Wedbush reiterated a “neutral” rating on shares of Weight Watchers International in a research note to investors on Thursday. Finally, analysts at Bank of America (NYSE: BAC) cut their price target on shares of Weight Watchers International from $96.00 to $82.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock.

Weight Watchers International, Inc. (WWI) is a provider of weight management services, operating globally through a network of Company-owned and franchise operations.

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