Numis Securities Ltd Upgrades Robert Walters PLC (RWA) to Buy
Robert Walters PLC (LON:RWA) was upgraded by research analysts at Numis Securities Ltd to a “buy” rating in a note issued to investors on Thursday. The firm currently has a GBX 560 ($7.25) target price on the stock, up from their prior target price of GBX 500 ($6.48). Numis Securities Ltd’s target price indicates a potential upside of 21.81% from the stock’s current price.
Separately, Liberum Capital upped their price objective on Robert Walters PLC from GBX 450 ($5.83) to GBX 500 ($6.48) and gave the stock a “buy” rating in a research report on Wednesday, April 12th.
Shares of Robert Walters PLC (RWA) opened at 445.00 on Thursday. The company’s 50-day moving average price is GBX 422.74 and its 200-day moving average price is GBX 404.17. Robert Walters PLC has a 12 month low of GBX 280.00 and a 12 month high of GBX 470.00. The company’s market cap is GBX 309.76 million.
In related news, insider Robert C. Walters sold 41,172 shares of the company’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of GBX 385 ($4.99), for a total value of £158,512.20 ($205,326.68). Also, insider Giles P. Daubeney sold 10,484 shares of the company’s stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of GBX 400 ($5.18), for a total value of £41,936 ($54,321.24).
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.
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