Time Warner Inc Gets a Buy Rating from Jefferies

By Austin Angelo

Jefferies analyst John Janedis reiterated a Buy rating on Time Warner Inc (NYSE: TWX) on July 28 and set a price target of $105. The company’s shares closed on Friday at $102.73, close to its 52-week high of $103.34.

According to TipRanks.com, Janedis is a top 100 analyst with an average return of 11.0% and a 71.2% success rate. Janedis covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Live Nation Entertainment, and Madison Square Garden Co.

Time Warner Inc has an analyst consensus of Moderate Buy, with a price target consensus of $106.83.

Time Warner Inc’s market cap is currently $79.62B and has a P/E ratio of 19.66. The company has a book value ratio of 3.1314.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TWX in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Time Warner, Inc. is a media and entertainment company, which engages in the provision of cable network, filmed entertainment, and publishing services. It operates through the following segments: Turner, Home Box Office, and Warner Bros. The Turner segment consisting of cable networks and digital media properties.