Brokerages Set WW International, Inc. (NASDAQ:WW) Target Price at $4.50

Shares of WW International, Inc. (NASDAQ:WW) have received an average recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $4.50.

A number of equities research analysts have recently weighed in on the stock. StockNews.com upgraded shares of WW International from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Barclays reissued an “underweight” rating and issued a $0.75 price objective on shares of WW International in a research note on Thursday, October 10th.

WW International Price Performance

Shares of WW stock opened at $1.27 on Friday. The business has a fifty day simple moving average of $1.18 and a 200 day simple moving average of $1.10. The company has a market cap of $101.43 million, a P/E ratio of -0.22 and a beta of 1.73. WW International has a twelve month low of $0.67 and a twelve month high of $8.74.

Institutional Trading of WW International

Several institutional investors have recently modified their holdings of WW. Prism Advisors Inc. lifted its holdings in WW International by 110.0% during the 3rd quarter. Prism Advisors Inc. now owns 42,000 shares of the company’s stock worth $37,000 after buying an additional 22,000 shares during the period. Marshall Wace LLP lifted its stake in shares of WW International by 159.9% in the second quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after acquiring an additional 160,200 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in WW International by 14.7% in the third quarter. Geode Capital Management LLC now owns 1,014,475 shares of the company’s stock valued at $891,000 after acquiring an additional 130,180 shares during the last quarter. Institutional investors own 86.18% of the company’s stock.

WW International Company Profile

WW International, Inc provides weight management products and services worldwide. It offers a range of nutritional, activity, behavioral, and lifestyle tools and approaches products and services. The company also provides various digital subscription products to wellness and weight management business, which provide interactive and personalized resources that allow users to follow its weight management program through its app and web-based platform; and allows members to inspire and support each other by sharing their experiences with other people on weight health journeys.