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Weight Watchers International (NYSE:WTW) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Monday. They currently have a $24.30 target price on the stock. Zacks‘s price target suggests a potential upside of 20.72% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet downgraded shares of Weight Watchers International from a “hold” rating to a “sell” rating in a research note on Tuesday, May 6th. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Weight Watchers International in a research note on Thursday, May 1st. They now have a $23.00 price target on the stock. Finally, analysts at Credit Suisse cut their price target on shares of Weight Watchers International to $20.00 in a research note on Tuesday, April 8th. They now have a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock has an average rating of “Hold” and an average target price of $23.46.

Shares of Weight Watchers International (NYSE:WTW) traded up 0.94% on Monday, hitting $20.32. 340,048 shares of the company’s stock traded hands. Weight Watchers International has a 1-year low of $19.50 and a 1-year high of $48.63. The stock’s 50-day moving average is $21.38 and its 200-day moving average is $23.97. The company has a market cap of $1.151 billion and a P/E ratio of 6.41.

Weight Watchers International (NYSE:WTW) last announced its earnings results on Wednesday, April 30th. The company reported $0.38 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.29. The company had revenue of $409.40 million for the quarter, compared to the consensus estimate of $399.20 million. On average, analysts predict that Weight Watchers International will post $1.63 earnings per share for the current fiscal year.

Weight Watchers International, Inc (NYSE:WTW) is a global-branded consumer company and a provider of weight management services, operating globally through a network of Company-owned and franchise operations.

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