Robert Walters (LON:RWA) Shares Up 11.2% – Time to Buy?

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

Analysts Set New Price Targets

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

Robert Walters Stock Down 8.0%

The company has a quick ratio of 1.52, a current ratio of 1.47 and a debt-to-equity ratio of 64.28. The firm has a fifty day moving average price of GBX 134.21 and a 200-day moving average price of GBX 160.66. The firm has a market cap of £83.21 million, a price-to-earnings ratio of -5.65, a PEG ratio of 0.08 and a beta of 1.22.

About Robert Walters

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.