Robert Walters (LON:RWA) Shares Up 11.2% – What’s Next?

Robert Walters plc (LON:RWA) shares shot up 11.2% on Tuesday . The company traded as high as GBX 133 and last traded at GBX 129. 139,246 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 171,163 shares. The stock had previously closed at GBX 116.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Robert Walters from GBX 350 to GBX 280 and set a “buy” rating on the stock in a report on Thursday, July 31st. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 280.

Robert Walters Stock Up 11.2%

The firm has a 50-day simple moving average of GBX 134.20 and a 200 day simple moving average of GBX 161.06. The stock has a market capitalization of £84.85 million, a P/E ratio of -5.76, a P/E/G ratio of 0.08 and a beta of 1.22. The company has a debt-to-equity ratio of 64.28, a current ratio of 1.47 and a quick ratio of 1.52.

Robert Walters Company Profile

Established in 1985, Robert Walters is a global talent solutions business operating in 31 countries across the globe. We support organisations to build high-performing teams, and help professionals to grow meaningful careers. Our client base ranges from the world’s leading blue-chip corporates through to SMEs and start-ups.