Liberum Capital Initiates Coverage on Robert Walters (RWA)
Liberum Capital started coverage on shares of Robert Walters (LON:RWA) in a research note issued on Friday, Stock Ratings Network reports. The firm set a “buy” rating and a GBX 415 ($6.84) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 25.76% from the company’s current price.
Shares of Robert Walters (LON:RWA) traded down 1.35% during mid-day trading on Friday, hitting GBX 330.00. 231 shares of the company’s stock traded hands. Robert Walters has a one year low of GBX 196.00 and a one year high of GBX 340.00. The stock has a 50-day moving average of GBX 320.3 and a 200-day moving average of GBX 295.5. The company’s market cap is £239.3 million.
A number of other firms have also recently commented on RWA. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Robert Walters in a research note to investors on Thursday, January 9th. They now have a GBX 590 ($9.72) price target on the stock. Separately, analysts at Panmure Gordon raised their price target on shares of Robert Walters from GBX 287 ($4.73) to GBX 313 ($5.16) in a research note to investors on Wednesday, January 8th. They now have a “hold” rating on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Robert Walters in a research note to investors on Wednesday, January 8th. They now have a GBX 375 ($6.18) price target on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 346.10 ($5.70).
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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