How Are Analysts Rating Time Warner?
Shareholder returns and stock trends
On August 29, 2016, Time Warner’s (TWX) stock price closed at $79.14. The stock was trading 0.2% above its 20-day moving average of $79, 2.8% above its 50-day moving average of $77, and 4.1% above its 100-day moving average of $76.
Time Warner generated returns of 15.6% for the trailing 12 months and 3% in the trailing one-month period. Time Warner’s share price fell by -0.4% in the trailing five-day period. By comparison, peers CBS (CBS), Walt Disney (DIS), and Twenty-First Century Fox (FOXA) generated returns of 2.4%, -0.9%, and -2.2%, respectively, in the trailing five-day period.
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Of the 39 analysts covering Time Warner, 26 gave it a “buy” recommendation, and 13 gave it a “hold.” There were no “sell” recommendations. The analyst stock price target for TWX is $88.10, with a median target estimate of $88.50. This means that the stock is trading at a discount of 11% to its median target.
Notably, Time Warner makes up 0.33% of the SPDR S&P 500 ETF (SPY). SPY has 3.6% exposure to the computers sector.
In the next part, we’ll take a closer look at Time Warner’s relative strength index and 100-day moving average.