Robert Walters Rating Reiterated by Investec (RWA)
Robert Walters (LON:RWA)‘s stock had its “buy” rating restated by equities research analysts at Investec in a research note issued to investors on Tuesday, Analyst RN reports. They currently have a GBX 375 ($6.02) target price on the stock, up from their previous target price of GBX 248 ($3.98). Investec’s price target indicates a potential upside of 20.97% from the company’s current price.
A number of other analysts have also recently weighed in on RWA. Analysts at Panmure Gordon downgraded shares of Robert Walters from a “buy” rating to a “hold” rating in a research note to investors on Thursday, October 3rd. They now have a GBX 387 ($6.21) price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Robert Walters from GBX 320 ($5.13) to GBX 390 ($6.26) in a research note to investors on Monday, September 30th. They now have an “outperform” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. upgraded shares of Robert Walters from a “neutral” rating to a “buy” rating in a research note to investors on Friday, September 27th. They now have a GBX 384 ($6.16) price target on the stock, up previously from GBX 267 ($4.28). One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 300.49 ($4.82).
Shares of Robert Walters (LON:RWA) opened at 315.00 on Tuesday. Robert Walters has a 52 week low of GBX 190.50 and a 52 week high of GBX 335.00. The stock’s 50-day moving average is GBX 283.3 and its 200-day moving average is GBX 236.3. The company’s market cap is £228.5 million.
Robert Walters plc is is a specialist professional recruitment consultancy company. It is engaged in the provision of professional recruitment services on a permanent and contract basis in Asia Pacific, the United Kingdom, Europe, the Americas and South Africa to clients in the financial, commercial and industrial sectors.
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