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

Shares of WW International, Inc. (NASDAQ:WW) have received a consensus recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $4.50.

WW has been the topic of several recent analyst reports. UBS Group reduced their price objective on shares of WW International from $2.10 to $1.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Barclays reiterated an “underweight” rating and issued a $0.75 price target on shares of WW International in a report on Thursday, October 10th. Morgan Stanley downgraded shares of WW International from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $6.50 to $1.25 in a report on Friday, July 26th. Guggenheim reduced their target price on WW International from $12.00 to $6.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Finally, StockNews.com raised WW International from a “sell” rating to a “hold” rating in a research note on Friday.

Institutional Investors Weigh In On WW International

Several institutional investors have recently modified their holdings of the stock. Marshall Wace LLP boosted its stake in shares of WW International by 159.9% during the 2nd quarter. Marshall Wace LLP now owns 260,400 shares of the company’s stock worth $305,000 after purchasing an additional 160,200 shares during the period. Empirical Capital Management LLC bought a new position in shares of WW International during the first quarter valued at approximately $185,000. BNP Paribas Financial Markets grew its stake in shares of WW International by 229.7% during the first quarter. BNP Paribas Financial Markets now owns 113,427 shares of the company’s stock valued at $210,000 after buying an additional 79,026 shares during the last quarter. Prism Advisors Inc. raised its holdings in shares of WW International by 110.0% in the third 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. Finally, SG Americas Securities LLC lifted its stake in shares of WW International by 52.1% during the 1st quarter. SG Americas Securities LLC now owns 47,409 shares of the company’s stock worth $88,000 after acquiring an additional 16,244 shares during the last quarter. 86.18% of the stock is owned by institutional investors.

WW International Trading Up 6.8 %

NASDAQ:WW opened at $0.92 on Friday. The stock has a 50-day moving average price of $1.01 and a 200 day moving average price of $1.22. WW International has a 12-month low of $0.67 and a 12-month high of $9.77. The stock has a market capitalization of $73.10 million, a P/E ratio of -0.16 and a beta of 1.69.

About WW International

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.