Weight Watchers International (WTW) Rating Reiterated by B. Riley

Weight Watchers International (NYSE:WTW)‘s stock had its “neutral” rating reaffirmed by research analysts at B. Riley in a report released on Wednesday, Marketbeat Ratings reports. They currently have a $22.00 price target on the stock, down from their previous price target of $75.00. B. Riley’s price target indicates a potential upside of 8.75% from the stock’s previous close. B. Riley also issued estimates for Weight Watchers International’s Q1 2019 earnings at $0.43 EPS, Q2 2019 earnings at $1.21 EPS, Q3 2019 earnings at $1.14 EPS, Q4 2019 earnings at $0.78 EPS and FY2020 earnings at $1.93 EPS.

WTW has been the subject of a number of other reports. Zacks Investment Research raised shares of Weight Watchers International from a “sell” rating to a “hold” rating in a research note on Saturday, November 3rd. Oppenheimer lowered their target price on shares of Weight Watchers International from $98.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, February 15th. Craig Hallum reissued a “positive” rating and set a $80.00 target price (down from $120.00) on shares of Weight Watchers International in a research note on Tuesday, January 8th. Bank of America lowered their target price on shares of Weight Watchers International from $95.00 to $85.00 and set a “buy” rating for the company in a research note on Friday, November 2nd. Finally, KeyCorp lowered their target price on shares of Weight Watchers International from $115.00 to $90.00 and set an “overweight” rating for the company in a research note on Friday, November 2nd. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $48.00.

Shares of WTW opened at $20.23 on Wednesday. Weight Watchers International has a 12-month low of $18.80 and a 12-month high of $105.73.

Several hedge funds have recently added to or reduced their stakes in WTW. BlackRock Inc. raised its holdings in shares of Weight Watchers International by 71.0% in the third quarter. BlackRock Inc. now owns 4,320,081 shares of the company’s stock valued at $311,004,000 after acquiring an additional 1,793,557 shares in the last quarter. Park West Asset Management LLC bought a new stake in shares of Weight Watchers International in the fourth quarter valued at about $34,695,000. Vanguard Group Inc raised its holdings in shares of Weight Watchers International by 16.4% in the third quarter. Vanguard Group Inc now owns 5,326,712 shares of the company’s stock valued at $383,471,000 after acquiring an additional 750,351 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Weight Watchers International by 16.4% in the third quarter. Vanguard Group Inc. now owns 5,326,712 shares of the company’s stock valued at $383,471,000 after acquiring an additional 750,351 shares in the last quarter. Finally, New South Capital Management Inc. bought a new stake in shares of Weight Watchers International in the fourth quarter valued at about $22,714,000. Hedge funds and other institutional investors own 91.34% 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, United Kingdom, Continental Europe, and Other. It offers a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

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Analyst Recommendations for Weight Watchers International (NYSE:WTW)

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