Wedbush disclosed Time Warner (NYSE:TWX), supporting its price target at $90.00 earlier today
- Updated: October 16, 2016
Reporting a potential upside of 0.13%, Wedbush hold steady the target price of Time Warner (NYSE:TWX) at $90.00
Previously on Monday September 19, 2016, Vetr Inc. reported about Time Warner (NYSE:TWX) upped the target price from $0.00 to $83.96 that suggested an upside of 0.12%.
Having a price of $79.55, Time Warner (NYSE:TWX) traded 0.19% higher on the day. With the last close up 4.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $78.09 and a 200-day moving average of $76.19. 2,449,102 shares of the stock were exchanged, down from an average trading volume of 3,530,620
Recent Performance Chart
Time Warner has 52 week low of $55.53 and a 52 week high of $81.33 with a PE ratio of 15.83 and has a market capitalization of $0.
A total of 32 analysts have released a report on Time Warner. 8 brokerages rating the stock a strong buy, 21 brokerages rating the stock a buy, 10 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally zero equity analysts 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 domestic premium pay television and streaming services, and international premium pay, basic tier television services and streaming services, and Warner Bros., which consists of television, feature film, home video and videogame production and distribution. The Company 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. The Company has a joint venture interest in The CW, which includes a lineup of advertising-supported original programming, as well as a block of advertising-supported programming.
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