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Time Warner (NYSE:TWX)‘s stock had its “buy” rating restated by Nomura in a research note issued on Monday. They currently have a $90.00 target price on the stock, up from their previous target price of $74.00. Nomura’s price objective would indicate a potential upside of 5.89% from the company’s current price.

Time Warner (NYSE:TWX) traded up 0.29% on Monday, hitting $85.24. 4,407,797 shares of the company’s stock traded hands. Time Warner has a 52 week low of $57.5935 and a 52 week high of $88.13. The stock has a 50-day moving average of $73.37 and a 200-day moving average of $65.98. The company has a market cap of $75.190 billion and a P/E ratio of 18.72. Time Warner also was the recipient of some unusual options trading activity on Friday. Stock investors bought 31,142 call options on the stock. This is an increase of 349% compared to the average daily volume of 6,932 call options.

Time Warner (NYSE:TWX) last released its earnings data on Wednesday, April 30th. The company reported $0.97 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.88 by $0.09. The company had revenue of $7.55 billion for the quarter, compared to the consensus estimate of $6.61 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. On average, analysts predict that Time Warner will post $4.00 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Wunderlich raised their price target on shares of Time Warner from $146.00 to $190.00 in a research note on Monday. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Time Warner from $76.00 to $95.00 in a research note on Monday. Finally, analysts at Cowen and Company downgraded shares of Time Warner from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 23rd. Twelve analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $86.26.

Time Warner Inc (NYSE:TWX) is a media and entertainment company.

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