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A report released today by Pivotal Research Group about Time Warner (NYSE:TWX) raises the target price to $103.00

Showing a price of $98.29, Time Warner (NYSE:TWX) traded 0.53% higher on the day. The last closing price is down 2.78% from the 200-day average, compared with the S&P 500 Index which has increased 0.02% over the same period. TWX has recorded a 50-day average of $101.64 and a two hundred day average of $99.74. Volume of trade was down over the average, with 1,258,660 shares of TWX changing hands under the typical 3,605,880

Reporting a potential upside of 0.05%, Pivotal Research Group bumped up the target of Time Warner (NYSE:TWX) to $103.00

See Chart Below

Time Warner (NYSE:TWX)

Time Warner has a one year low of $74.68 and a one year high of $103.34 with a price-earnings ratio of 19.02 TWX’s total market value is presently $0.

A total of 32 firms have issued a ratings update on Time Warner. Eight brokers rating the stock a strong buy, 21 brokers rating the stock a buy, ten analysts rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a one year target of $85.50.

Brief Synopsis About Time Warner (NYSE:TWX)

Time Warner Inc. is a media and entertainment company. The Company operates through three segments: Turner, which consists of cable networks and digital media properties; Home Box Office, which consists of premium pay television and over the top (OTT) services and premium pay, basic tier television and OTT services internationally, and Warner Bros., which consists of television, feature film, home video, and videogame production and distribution. It also holds interests in companies that operate broadcast networks. The Company holds interest in Central European Media Enterprises Ltd. (CME), which is a broadcasting company that operates television networks in Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia and The CW broadcast network (The CW), which includes a lineup of advertising-supported original programming, such as The 100, Arrow, Crazy Ex-Girlfriend, DC's Legends of Tomorrow, The Flash, Frequency, iZombie, Jane the Virgin and No Tomorrow.

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