Robert Walters PLC (LON:RWA) Price Target Raised to GBX 560 at Liberum Capital

Robert Walters PLC (LON:RWA) had its price target lifted by equities researchers at Liberum Capital from GBX 500 ($6.51) to GBX 560 ($7.30) in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Liberum Capital’s price objective would suggest a potential upside of 23.83% from the stock’s previous close.

A number of other equities research analysts have also weighed in on RWA. Investec restated a “buy” rating and set a GBX 530 ($6.90) price target on shares of Robert Walters PLC in a research note on Wednesday. Numis Securities Ltd upgraded Robert Walters PLC to a “buy” rating and boosted their price target for the stock from GBX 500 ($6.51) to GBX 560 ($7.30) in a research note on Thursday, July 13th. Five analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 501 ($6.53).

Robert Walters PLC (LON:RWA) opened at 465.00 on Thursday. The company’s market cap is GBX 323.68 million. The firm’s 50-day moving average is GBX 426.47 and its 200 day moving average is GBX 417.85. Robert Walters PLC has a 1-year low of GBX 290.00 and a 1-year high of GBX 470.00.

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In other news, insider Giles P. Daubeney sold 10,484 shares of the business’s stock in a transaction dated Tuesday, June 13th. The stock was sold at an average price of GBX 400 ($5.21), for a total transaction of £41,936 ($54,632.62). Also, insider Robert C. Walters sold 41,172 shares of the business’s stock in a transaction dated Monday, June 5th. The stock was sold at an average price of GBX 385 ($5.02), for a total value of £158,512.20 ($206,503.65).

About Robert Walters PLC

Robert Walters plc is a United Kingdom-based professional recruitment consultancy. The Company offers specialist professional recruitment and recruitment process outsourcing services. The Company’s segments are Asia Pacific, UK, Europe and Other International. Other International consists of the United States, South Africa, the Middle East and Brazil.