Robert Walters (RWA) Receives Add Rating from Numis Securities

Numis Securities reiterated their add rating on shares of Robert Walters (LON:RWA) in a research report sent to investors on Wednesday morning. The brokerage currently has a GBX 700 ($9.49) target price on the stock.

Several other research analysts have also recently issued reports on RWA. Credit Suisse Group increased their price objective on Robert Walters from GBX 650 ($8.81) to GBX 730 ($9.90) and gave the stock an outperform rating in a research note on Wednesday, January 3rd. Liberum Capital increased their price objective on Robert Walters from GBX 560 ($7.59) to GBX 595 ($8.07) and gave the stock a buy rating in a research note on Tuesday, October 10th.

Robert Walters (LON RWA) opened at GBX 640 ($8.68) on Wednesday. Robert Walters has a 52 week low of GBX 355 ($4.81) and a 52 week high of GBX 660 ($8.95). The company has a market capitalization of $481.91 and a P/E ratio of 2,133.33.

In related news, insider Giles P. Daubeney sold 100,000 shares of the stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of GBX 590 ($8.00), for a total value of £590,000 ($800,108.49).

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Robert Walters Company Profile

Robert Walters plc is a United Kingdom-based professional recruitment consultancy. The Company offers specialist professional recruitment and recruitment process outsourcing services. The Company’s segments are Asia Pacific, UK, Europe and Other International. Other International consists of the United States, South Africa, the Middle East and Brazil.

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