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A statement released earlier today by Pivotal Research about Time Warner Inc. (NYSE:TWX) bumps the target price to $103.00

Stating a potential upside of 0.18%, Pivotal Research upped the price target of Time Warner Inc. (NYSE:TWX) to $103.00

Having a price of $87.64, Time Warner Inc. (NYSE:TWX) traded 0.53% higher on the day. With the last close down 2.78% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. Time Warner Inc. 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

Performance Chart

Time Warner Inc. (NYSE:TWX)

With a market cap of $0, Time Warner Inc. has 52 week low of $74.68 and a 52 week high of $103.34 with a PE ratio of 19.02 .

In addition to Pivotal Research reporting its stock price target, a total of 32 brokers have issued a research note on the company. The average stock price target is $85.50 with 8 brokers rating the stock a strong buy, 21 brokers rating the stock a buy, 10 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Time Warner Inc. (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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