Weight Watchers International (NASDAQ:WW) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday, ValuEngine reports.
A number of other equities research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Weight Watchers International from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $17.00 to $22.00 in a research report on Thursday, July 11th. DA Davidson upgraded shares of Weight Watchers International from a “neutral” rating to a “buy” rating and lifted their price target for the company from $24.50 to $32.00 in a research report on Friday, July 19th. B. Riley upgraded shares of Weight Watchers International from a “neutral” rating to a “buy” rating and lifted their price target for the company from $23.50 to $40.00 in a research report on Wednesday. Zacks Investment Research cut shares of Weight Watchers International from a “buy” rating to a “hold” rating in a research report on Saturday, July 27th. Finally, Bank of America upgraded shares of Weight Watchers International from an “underperform” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $29.60.
Weight Watchers International stock opened at $29.97 on Thursday. Weight Watchers International has a 12-month low of $16.71 and a 12-month high of $80.88. The firm has a market capitalization of $1.43 billion, a PE ratio of 9.39, a P/E/G ratio of 1.12 and a beta of 2.38. The stock’s 50-day moving average price is $21.72.
In other 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 shares were 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 Securities & Exchange Commission, which is available at this hyperlink. 12.03% of the stock is owned by company insiders.
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.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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