Time Warner (TWX) : Zacks Investment Research ranks Time Warner (TWX) as 3, which is a Hold recommendation. 11 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 22 research analysts is 1.91, which indicates as a Buy.
Time Warner (TWX) stock is expected to deviate a maximum of $8.12 from the average target price of $88.26 for the short term period. 19 Street Experts have initiated coverage on the stock with the most promising target being $106 and the most muted being $74.
For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, UBS maintains its rating on Time Warner (NYSE:TWX).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, UBS raises the new price target from $87 per share to $90 per share. The rating by the firm was issued on August 4, 2016.
Time Warner (NYSE:TWX): The stock opened at $78.4 and touched an intraday high of $78.78 on Wednesday. During the day, the stock corrected to an intraday low of $77.96, however, the bulls stepped in and pushed the price higher to close in the green at $78.72 with a gain of 0.42% for the day. The total traded volume for the day was 2,338,627. The stock had closed at $78.39 in the previous trading session.
Time Warner Inc. (Time Warner) is a media and entertainment company. The Company operates in three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of domestic premium pay television services, and international premium pay and basic tier television services, and Warner Bros., which consists of television, feature film, home video and videogame production and distribution of digital and physical home entertainment products. Turner operates over 165 channels globally. In the United States, its networks and related properties include TNT, TBS, Adult Swim, truTV, Turner Classic Movies, Turner Sports, Cartoon Network, Boomerang, CNN and HLN. Outside the United States, Turners portfolio of brands and digital businesses reaches consumers in over 200 countries.