Oppenheimer Maintains Their Buy Rating on Weight Watchers International (WTW)


Oppenheimer analyst Brian Nagel maintained a Buy rating on Weight Watchers International (NYSE: WTW) today and set a price target of $98. The company’s shares closed yesterday at $70.41.

According to TipRanks.com, Nagel is a 5-star analyst with an average return of 10.6% and a 66.3% success rate. Nagel covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Dick’s Sporting Goods, and Advance Auto Parts.

Currently, the analyst consensus on Weight Watchers International is a Moderate Buy with an average price target of $106.80, a 51.7% upside from current levels. In a report issued on September 17, Craig-Hallum also reiterated a Buy rating on the stock with a $120 price target.

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The company has a one-year high of $105.73 and a one-year low of $41.15. Currently, Weight Watchers International has an average volume of 1.71M.

Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Nicholas Hotchkin, the CFO & Pres., Emerging Markets of WTW sold 131,466 shares for a total of $9,945,960.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Weight Watchers International, Inc. engages in the provision of weight management services. It operates through the following geographical segments: North America, United Kingdom, Continental Europe, and Other. The North America segment consists of United States and Canada Company-owned operations.

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