Time Warner Inc (NYSE:TWX)stock is currently trading at about $71.81 and lots of rating firms seem to have a target price set on the stock. The median 12-month price target of 31 analysts covering the company is $85.00, which suggests the stock could still gain more than 16 percent. The highest analyst price target is $95.00, which implies a gain of 68 percent. And roundups of analyst notes show that 18 are rating the stock a buy while 8 rate TWX a strong buy. There are 11 equity research firms suggesting a Hold and 0 consider it Sell.
Pacific Crest issued their verdict on Time Warner Inc (NYSE:TWX) recently. The rating firm gave a Sector Weight rating to this stock in a research note on May 2, 2016.RBC Capital Mkts analysts issued their verdict on Time Warner Inc (NYSE:TWX) recently. The rating firm gave a Outperform rating to this stock in a research note on Apr 8, 2016. According to a research note published on Nov 5, 2015, analysts at Wells Fargo have lowered their rating on the company stock from Outperform to Market Perform.
Time Warner Inc (NYSE:TWX) Insider Activity
Several executives took part in recent insider activity for the stock. Its Director NOVACK KENNETH J sold 8,400 company shares for $626000.72, in a transaction on 2016-06-09. Following the transaction, the Director is left with a stake of 9,031 shares, currently valued at $648516. Meanwhile, Director NOVACK KENNETH J sold 15,706 shares worth $1185000.49, through a transaction dated 2016-06-08. Following the completion of the transaction, the insider is left with a stake of 17,431 shares, amounting $1251720. TWX Executive Vice President GINSBERG GARY L also sold 3,000 shares, at a stock price of $75.79. This transaction occurred on 2016-06-03 totals $227000.37. After this transaction, the insider’s stake stands at 22,232 shares, with a market value of $1596480
Read full story at http://www.zergwatch.com/2016/06/22/what-wall-street-is-saying-about-time-warner-inc-nysetwx-2/
No comments:
Post a Comment