Robert Walters (LON:RWA) Stock Price Up 11.2% – What’s Next?

Robert Walters plc (LON:RWA)’s stock price was up 11.2% during trading on Tuesday . The company traded as high as GBX 133 and last traded at GBX 129. Approximately 139,246 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 171,163 shares. The stock had previously closed at GBX 116.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Robert Walters from GBX 350 to GBX 280 and set a “buy” rating for the company in a report on Thursday, July 31st. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 280.

Robert Walters Stock Performance

The firm has a market capitalization of £84.85 million, a PE ratio of -5.76, a price-to-earnings-growth ratio of 0.08 and a beta of 1.22. The firm’s 50 day moving average price is GBX 134.32 and its 200-day moving average price is GBX 161.80. The company has a debt-to-equity ratio of 64.28, a quick ratio of 1.52 and a current ratio of 1.47.

Robert Walters Company Profile

Established in 1985, Robert Walters is a global talent solutions business operating in 31 countries across the globe. We support organisations to build high-performing teams, and help professionals to grow meaningful careers. Our client base ranges from the world’s leading blue-chip corporates through to SMEs and start-ups.