UBS Group Raises Weight Watchers International (NASDAQ:WW) Price Target to $38.00

Weight Watchers International (NASDAQ:WW) had its price objective hoisted by UBS Group from $26.00 to $38.00 in a research note published on Friday, BenzingaRatingsTable reports. The firm currently has a neutral rating on the stock.

A number of other equities research analysts also recently commented on WW. Zacks Investment Research downgraded Weight Watchers International from a buy rating to a hold rating in a report on Saturday, July 27th. DA Davidson boosted their target price on Weight Watchers International from $32.00 to $37.00 and gave the company a buy rating in a research note on Thursday, September 5th. Craig Hallum raised Weight Watchers International from a hold rating to a buy rating and boosted their target price for the company from $25.00 to $35.00 in a research note on Tuesday, August 27th. Bank of America raised Weight Watchers International from an underperform rating to a buy rating and set a $27.00 target price for the company in a research note on Wednesday, August 7th. Finally, ValuEngine raised Weight Watchers International from a hold rating to a buy rating in a research note on Tuesday, September 10th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $30.89.

NASDAQ WW opened at $36.96 on Friday. The firm has a 50-day moving average of $30.83. The company has a market capitalization of $2.47 billion, a P/E ratio of 11.59, a PEG ratio of 1.41 and a beta of 2.22. Weight Watchers International has a 12 month low of $16.71 and a 12 month high of $74.85.

Weight Watchers International (NASDAQ:WW) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.13. The business had revenue of $369.02 million during the quarter, compared to the consensus estimate of $376.11 million. Weight Watchers International had a negative return on equity of 19.39% and a net margin of 10.99%. The company’s quarterly revenue was down 9.9% compared to the same quarter last year. On average, sell-side analysts expect that Weight Watchers International will post 1.7 EPS for the current fiscal year.

In other news, insider Corinne Pollier-Bousquet sold 4,000 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $29.19, for a total transaction of $116,760.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 12.03% of the stock is currently owned by insiders.

Weight Watchers International Company Profile

Weight Watchers International, Inc provides weight management services worldwide. The company operates in four segments: North America, Continental Europe, United Kingdom, and Other. It provides a range of products and services comprising nutritional, activity, behavioral, and lifestyle tools and approaches.

Featured Story: Convertible Shares

Analyst Recommendations for Weight Watchers International (NASDAQ:WW)

Receive News & Ratings for Weight Watchers International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weight Watchers International and related companies with's FREE daily email newsletter.