Weight Watchers International, Inc. (NASDAQ:WW) Receives $31.18 Average PT from Brokerages

Shares of Weight Watchers International, Inc. (NASDAQ:WW) have been assigned an average recommendation of “Hold” from the seventeen brokerages that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $31.18.

WW has been the topic of a number of recent analyst reports. UBS Group dropped their price objective on Weight Watchers International from $38.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Morgan Stanley boosted their price objective on Weight Watchers International from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday, June 16th. DA Davidson boosted their target price on Weight Watchers International from $34.00 to $39.00 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $35.00 target price on shares of Weight Watchers International in a research report on Thursday, June 25th. Finally, Oppenheimer reaffirmed a “hold” rating on shares of Weight Watchers International in a research report on Wednesday, April 29th.

Shares of NASDAQ:WW traded down $0.27 during midday trading on Tuesday, reaching $25.78. The company’s stock had a trading volume of 685,282 shares, compared to its average volume of 907,083. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 14.01, a PEG ratio of 1.16 and a beta of 2.58. The firm has a 50 day moving average price of $25.44 and a two-hundred day moving average price of $26.52. Weight Watchers International has a fifty-two week low of $9.75 and a fifty-two week high of $47.19.

In related news, Director Oprah Winfrey sold 225,475 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $30.17, for a total value of $6,802,580.75. Following the transaction, the director now owns 5,077,458 shares in the company, valued at $153,186,907.86. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last ninety days, insiders sold 757,515 shares of company stock valued at $20,463,937. 12.48% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the business. New Mexico Educational Retirement Board lifted its position in shares of Weight Watchers International by 65.7% during the first quarter. New Mexico Educational Retirement Board now owns 11,100 shares of the company’s stock worth $188,000 after acquiring an additional 4,400 shares in the last quarter. US Bancorp DE lifted its position in shares of Weight Watchers International by 28.0% during the first quarter. US Bancorp DE now owns 14,275 shares of the company’s stock worth $241,000 after acquiring an additional 3,125 shares in the last quarter. Amalgamated Bank lifted its position in shares of Weight Watchers International by 9.5% during the fourth quarter. Amalgamated Bank now owns 7,741 shares of the company’s stock worth $296,000 after acquiring an additional 674 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Weight Watchers International by 43.1% during the first quarter. BNP Paribas Arbitrage SA now owns 22,435 shares of the company’s stock worth $379,000 after acquiring an additional 6,755 shares in the last quarter. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of Weight Watchers International during the first quarter worth $451,000. Hedge funds and other institutional investors own 81.07% 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.

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Analyst Recommendations for Weight Watchers International (NASDAQ:WW)

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