Weight Watchers International (NYSE:WTW) had its price target upped by B. Riley from $65.00 to $86.00 in a research note released on Thursday, Marketbeat Ratings reports. The firm currently has a buy rating on the stock.

Several other research analysts also recently weighed in on WTW. Craig Hallum reiterated a buy rating and set a $80.00 price target (up previously from $70.00) on shares of Weight Watchers International in a research note on Wednesday. Zacks Investment Research upgraded Weight Watchers International from a strong sell rating to a hold rating in a research note on Friday, January 26th. Finally, ValuEngine downgraded Weight Watchers International from a buy rating to a hold rating in a research note on Thursday, December 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $59.00.

Weight Watchers International (WTW) opened at $69.17 on Thursday. The company has a debt-to-equity ratio of -1.74, a quick ratio of 0.88 and a current ratio of 0.96. The firm has a market capitalization of $4,540.00, a price-to-earnings ratio of 41.17, a PEG ratio of 2.74 and a beta of 3.35. Weight Watchers International has a 12 month low of $12.05 and a 12 month high of $76.09.

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada grew its stake in shares of Weight Watchers International by 256.8% during the 2nd quarter. Royal Bank of Canada now owns 35,485 shares of the company’s stock worth $1,186,000 after acquiring an additional 25,539 shares during the period. Macquarie Group Ltd. bought a new position in Weight Watchers International in the 2nd quarter worth about $22,572,000. 361 Capital LLC bought a new position in Weight Watchers International in the 3rd quarter worth about $2,155,000. Alliancebernstein L.P. boosted its stake in Weight Watchers International by 163.2% in the 2nd quarter. Alliancebernstein L.P. now owns 59,000 shares of the company’s stock worth $1,972,000 after purchasing an additional 36,580 shares during the period. Finally, OxFORD Asset Management LLP bought a new position in Weight Watchers International in the 3rd quarter worth about $2,746,000. Institutional investors own 86.11% of the company’s stock.

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Weight Watchers International Company Profile

Weight Watchers International, Inc is a provider of weight management services. The Company operates globally through a network of Company-owned and franchise operations. The Company’s branded products and services include meetings conducted by its franchisees, digital weight management products provided through its Websites, mobile sites and applications, products sold at meetings, licensed products sold in retail channels and magazine subscriptions and other publications.

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