Photographer: Michael Nagle/Bloomberg
Weight Watchers’ Stock Quadrupled This Year, and Analysts Expect Even More Gains
Narrowing waistlines translated to swelling returns for Weight Watchers International Inc. shareholders as the stock price more than quadrupled in 2017. And analysts see more gains to come, with an average price target of about $62 implying a 24 percent increase over the next 12 months. The Oprah Winfrey-backed weight-loss company’s moonshot comes after it boosted its annual earnings forecast and beat earnings and sales estimates every quarter so far this year.