Investec reaffirmed their buy rating on shares of Robert Walters PLC (LON:RWA) in a report published on Wednesday morning. The brokerage currently has a GBX 530 ($6.90) target price on the stock.

Several other brokerages have also recently weighed in on RWA. Numis Securities Ltd upgraded Robert Walters PLC to a buy rating and raised their price objective for the company from GBX 500 ($6.51) to GBX 560 ($7.30) in a research note on Thursday, July 13th. Liberum Capital raised their price objective on Robert Walters PLC from GBX 450 ($5.86) to GBX 500 ($6.51) and gave the company a buy rating in a research note on Wednesday, April 12th. Five research analysts have rated the stock with a buy rating, Robert Walters PLC presently has a consensus rating of Buy and a consensus target price of GBX 514 ($6.70).

Shares of Robert Walters PLC (RWA) opened at 456.75 on Wednesday. Robert Walters PLC has a 52-week low of GBX 295.00 and a 52-week high of GBX 473.15. The company’s market capitalization is GBX 311.08 million. The firm’s 50-day moving average is GBX 429.61 and its 200 day moving average is GBX 418.78.

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The firm also recently announced a dividend, which will be paid on Friday, October 13th. Stockholders of record on Thursday, August 31st will be paid a dividend of GBX 2.75 ($0.04) per share. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, August 31st.

In other news, insider Robert C. Walters sold 41,172 shares of Robert Walters PLC stock in a transaction on Monday, June 5th. The stock was sold at an average price of GBX 385 ($5.02), for a total transaction of £158,512.20 ($206,503.65). Also, insider Giles P. Daubeney sold 10,484 shares of Robert Walters PLC stock in a transaction on Tuesday, June 13th. The stock was sold at an average price of GBX 400 ($5.21), for a total value of £41,936 ($54,632.62).

Robert Walters PLC Company Profile

Robert Walters plc is a United Kingdom-based professional recruitment consultancy. The Company offers specialist professional recruitment and recruitment process outsourcing services. The Company’s segments are Asia Pacific, UK, Europe and Other International. Other International consists of the United States, South Africa, the Middle East and Brazil.

Analyst Recommendations for Robert Walters PLC (LON:RWA)

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