Twitter Given Average Rating of “Hold” by Analysts (NYSE:TWTR)
Shares of Twitter (NYSE:TWTR) have been given an average rating of “Hold” by the thirty-four analysts that are currently covering the stock, AnalystRatings.NET reports. Nine equities research analysts have rated the stock with a sell recommendation, sixteen have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $48.25.
TWTR has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus initiated coverage on shares of Twitter in a research note to investors on Thursday, January 16th. They set a “buy” rating and a $75.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Telsey Advisory Group initiated coverage on shares of Twitter in a research note to investors on Thursday, January 16th. They set a “not rated” rating and a $70.00 price target on the stock. Finally, analysts at Nomura initiated coverage on shares of Twitter in a research note to investors on Wednesday, January 15th. They set a “neutral” rating and a $60.00 price target on the stock.
Shares of Twitter (NYSE:TWTR) traded up 1.16% on Monday, hitting $65.25. The stock had a trading volume of 18,075,264 shares. Twitter has a 1-year low of $38.80 and a 1-year high of $74.73. The stock has a 50-day moving average of $61.82 and a 200-day moving average of $54.16. The company’s market cap is $35.541 billion.
Twitter operates a free digital service site that blends social networking with the ability to post short messages (NYSE:TWTR) limited to 140 characters or less, commonly known by users as Tweets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.