Twitter Inc. (NYSE:TWTR) has been given a $19.00 price objective by equities researchers at MKM Partners in a research note issued on Monday. The brokerage presently has a a “hold” rating on the social networking company’s stock. MKM Partners’ target price indicates a potential downside of 0.73% from the stock’s current price.

A number of other analysts have also issued reports on TWTR. Vetr raised Twitter from a “buy” rating to a “strong-buy” rating and set a $20.69 price target on the stock in a research note on Monday, August 29th. Loop Capital began coverage on Twitter in a research note on Thursday, September 22nd. They issued a “hold” rating and a $18.00 price target on the stock. They noted that the move was a valuation call. Oppenheimer Holdings Inc. raised Twitter from an “underperform” rating to a “market perform” rating in a research note on Friday, October 28th. Nomura reissued a “neutral” rating and issued a $13.00 price target on shares of Twitter in a research note on Wednesday, September 28th. Finally, Monness Crespi & Hardt reissued a “neutral” rating on shares of Twitter in a research note on Monday, October 10th. Nine analysts have rated the stock with a sell rating, twenty-seven have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $18.45.

Analyst Recommendations for Twitter (NYSE:TWTR)

Twitter (NYSE:TWTR) opened at 19.14 on Monday. The firm’s market cap is $13.56 billion. Twitter has a 12 month low of $13.73 and a 12 month high of $26.70. The stock’s 50 day moving average is $19.18 and its 200 day moving average is $17.56.

Twitter (NYSE:TWTR) last posted its quarterly earnings data on Thursday, October 27th. The social networking company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.28. The firm earned $616 million during the quarter, compared to analysts’ expectations of $606.40 million. Twitter had a negative return on equity of 5.18% and a negative net margin of 15.06%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 EPS. On average, equities analysts forecast that Twitter will post $0.52 earnings per share for the current year.

In related news, insider Robert Kaiden sold 3,604 shares of the stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of $20.06, for a total transaction of $72,296.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Adam Messinger sold 52,187 shares of the stock in a transaction that occurred on Tuesday, November 1st. The shares were sold at an average price of $17.58, for a total value of $917,447.46. The disclosure for this sale can be found here. Insiders own 10.79% of the company’s stock.

A number of hedge funds have recently made changes to their positions in TWTR. Apriem Advisors increased its stake in shares of Twitter by 4.5% in the third quarter. Apriem Advisors now owns 4,650 shares of the social networking company’s stock valued at $107,000 after buying an additional 200 shares during the last quarter. Integrated Investment Consultants LLC increased its stake in shares of Twitter by 85.9% in the second quarter. Integrated Investment Consultants LLC now owns 6,707 shares of the social networking company’s stock valued at $113,000 after buying an additional 3,099 shares during the last quarter. Advisory Services Network LLC increased its stake in shares of Twitter by 24.1% in the third quarter. Advisory Services Network LLC now owns 4,890 shares of the social networking company’s stock valued at $113,000 after buying an additional 950 shares during the last quarter. Mizuho Asset Management Co. Ltd. increased its stake in shares of Twitter by 204.4% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 7,618 shares of the social networking company’s stock valued at $129,000 after buying an additional 5,115 shares during the last quarter. Finally, Edmond de Rothschild Europe acquired a new stake in shares of Twitter during the third quarter valued at $149,000. Hedge funds and other institutional investors own 41.40% of the company’s stock.

Twitter Company Profile

Twitter, Inc (Twitter) offers products and services for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations. Its products and services for users include Twitter, and Periscope and Vine. Its Twitter is a platform for public self-expression and conversation in real time.

5 Day Chart for NYSE:TWTR

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