Credit Suisse Reiterates “Outperform” Rating for Robert Walters (RWA)
Robert Walters (LON:RWA)‘s stock had its “outperform” rating restated by stock analysts at Credit Suisse in a report issued on Wednesday, AmericanBankingNews.com reports. They currently have a GBX 390 ($6.26) price target on the stock. Credit Suisse’s target price points to a potential upside of 26.11% from the company’s current price.
Shares of Robert Walters (LON:RWA) traded down 0.88% on Wednesday, hitting GBX 308.7725. The stock had a trading volume of 1,305 shares. 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 £223.9 million.
A number of other firms have also recently commented on RWA. Analysts at Investec raised their price target on shares of Robert Walters from GBX 248 ($3.98) to GBX 375 ($6.02) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, 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. 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 investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Robert Walters has a consensus rating of “Hold” and a consensus target price of GBX 300.49 ($4.82).
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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