Time Warner Inc was Upgraded to a Buy Rating at FBR CapitalBy Jason Carr
According to TipRanks.com, Crockett is a 4-star analyst with an average return of 2.7% and a 49.5% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Cinemark Holdings Inc, and Regal Entertainment.
Currently, the analyst consensus on Time Warner Inc is Moderate Buy and the average price target is $99.20, representing a 13.4% upside.
In a report issued on October 19, Deutsche Bank also reiterated a Buy rating on the stock with a $95 price target.
The company has a one year high of $94.44 and a one year low of $55.53. Currently, Time Warner Inc has an average volume of 5.81M.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2016, Karen Magee, a the EVP of TWX sold 14,240 shares for a total of $1,138,773.
Time Warner, Inc. is a media and entertainment company. It operates through three segments: Turner, Home Box office and Warner Bros. The Turner segment consisting principally of cable networks and digital media properties. The Home Box Office segment principally consisting of premium pay television services domestically and premium pay and basic tier television services internationally. The Warner Bros segment principally consisting of feature film, television, home video and videogame production and distribution. The company was founded on January 10, 1990 and is headquartered in New York, NY.