Credit Suisse Group Cuts Robert Walters (LON:RWA) Price Target to GBX 700

Robert Walters (LON:RWA) had its target price trimmed by Credit Suisse Group from GBX 850 ($11.11) to GBX 700 ($9.15) in a research report released on Tuesday, October 16th. The firm currently has an outperform rating on the stock.

RWA has been the subject of a number of other reports. Liberum Capital reiterated a buy rating on shares of Robert Walters in a research note on Tuesday, October 9th. Numis Securities increased their price objective on Robert Walters from GBX 800 ($10.45) to GBX 850 ($11.11) and gave the company an add rating in a report on Wednesday, July 11th.

Shares of LON RWA traded down GBX 6 ($0.08) during mid-day trading on Tuesday, reaching GBX 620 ($8.10). 1,705 shares of the company were exchanged, compared to its average volume of 39,229. Robert Walters has a 1 year low of GBX 380.50 ($4.97) and a 1 year high of GBX 692 ($9.04).

In related news, insider Steven Cooper bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 17th. The shares were purchased at an average cost of GBX 645 ($8.43) per share, with a total value of £32,250 ($42,140.34).

About Robert Walters

Robert Walters plc, together with its subsidiaries, provides professional recruitment consultancy solutions worldwide. The company offers permanent, temporary, contract, and interim recruitment services in the fields of accounting and finance, banking and financial services, engineering, human resources, IT, legal, sales and marketing, secretarial and support, and supply chain.

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