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) : 19 investment research analysts covering Time Warner (TWX) have an average price target of $88.26 for the near short term. The highest target price given by the Brokerage Firm to the stock is $106 and the lowest target is $74 for the short term. Analysts expect the variance to be within $8.12 of the average price.
Also, Major Brokerage house, UBS maintains its ratings on Time Warner (NYSE:TWX). In the latest research report, UBS raises the target price from $87 per share to $90 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 4, 2016.
Time Warner (NYSE:TWX): The stock opened in the green at $76.13 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $76.17 and a low of $74.73 for the day. The stock did not find buyers even at the lows and closed at $75.62 recording a loss of -0.79%. 5,952,556 shares exchanged hands during the trading day. The stock had closed at $76.22 in the previous days trading.
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.