Twitter (NYSE:TWTR) Rating Reiterated
Stifel currently has a $26.0 target price per share on the $15.42 billion market cap company or -17.49 % downside potential. In an analyst report issued to clients and investors on Friday, 9 February, Twitter (NYSE:TWTR) stock had its “Hold” Rating reaffirmed by research professionals at Stifel.
NYSE:TWTR is at the moment trading 2.01% higher at $20.76 as of 12:05 PM New York time. Twitter’s stock is 0% in the last 200 days. It has underperformed the S&P500 Index, which has gained 6.00% in the same time.
According to data compiled by Thomson Reuters, Twitter (NYSE:TWTR)’s stock is covered by 37 equity analysts across the Street, with 5 analysts giving it a Sell rating, 12 a Buy rating, while 26 consider it a Hold. The 12-month consensus target price for the stock is $18.47, which reflects an downside potential of 11.03% over the current price.
Contrarius Investment Management Ltd had the most significant stake with ownership of 5.47 million shares as of q2 2015 for 9.28% of the fund’s portfolio. Vertex One Asset Management Inc. is another notably bullish investment professional who is owning 1.35 million shares of Twitter or 4.93% of their fund’s portfolio. Also, Nwi Management Lp have 4.11% of their fund’s portfolio invested in the company for 1.70 million shares. The New York-based fund Morgens Waterfall Vintiadis & Co Inc revealed it had purchased so far a stake worth about 3.62% of the investment professional’s stock portfolio in Twitter. The Texas-based fund Highland Capital Management Lp is also positive about the stock, possessing 180,000 shares or 2.99% of their fund’s portfolio.
Twitter (NYSE:TWTR) Profile
Twitter, Inc. offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time.
Twitter (NYSE:TWTR) traded up 2.01% on 9 February, hitting $20.76. A total of 12.85 million shares of the company’s stock traded hands. This is down from average of 21.10 million shares. Twitter has a 52 week low of $14.12 and a 52 week high of $21.96. The company has a market cap of $15.42 billion and a P/E ratio of 0.
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