Analyst Rating Update on Monster Worldwide (MWW)

Monster Worldwide (NYSE:MWW) : 4 analysts are covering Monster Worldwide (NYSE:MWW) and their average rating on the stock is 2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Monster Worldwide (NYSE:MWW) : The most positive equity analysts on Monster Worldwide (NYSE:MWW) expects the shares to touch $10, whereas, the least positive believes that the stock will trade at $3 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $5.13 with an expected fluctuation of $3.28 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.

Monster Worldwide (NYSE:MWW): On Tuesdays trading session , Opening price of the stock was $2.3 with an intraday high of $2.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $2.13. However, the stock managed to close at $2.25, a loss of 0.88% for the day. On the previous day, the stock had closed at $2.27. The total traded volume of the day was 1,550,191 shares.

In an insider trading activity,The officer (EVP, GC and Secretary) of Monster Worldwide, Inc., Miller Michael Connolly sold 9,399 shares at $2.65 on May 16, 2016. The Insider selling transaction had a total value worth of $24,907. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Monster Worldwide, Inc. is engaged in connecting people to jobs. The Company offers services in over 40 countries, providing job seeking, career management, recruitment and talent management capabilities. The Company operates in three segments: Careers-North America, Careers-International and Internet Advertising & Fees. The Companys Careers North America and International segments, works by connecting employers with job seekers at various levels and by providing searchable jobs and career management resources online in North America, Europe and Asia markets. Its Internet Advertising & Fees business operates a network of Websites that connect companies to targeted audiences. Its services and solutions include: searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation, and other career-related content.

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