Willis Towers Watson Public (NASDAQ:WTW) PT Raised to $321.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective raised by stock analysts at Wells Fargo & Company from $318.00 to $321.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 15.63% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Raymond James reaffirmed an “outperform” rating and set a $315.00 price target (up from $295.00) on shares of Willis Towers Watson Public in a report on Thursday, March 28th. Evercore ISI increased their price target on Willis Towers Watson Public from $290.00 to $295.00 and gave the stock an “in-line” rating in a report on Friday, April 26th. Keefe, Bruyette & Woods decreased their price target on Willis Towers Watson Public from $317.00 to $311.00 and set an “outperform” rating for the company in a report on Monday, May 6th. Piper Sandler increased their price target on Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Bank of America raised Willis Towers Watson Public from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $272.00 to $304.00 in a report on Wednesday, May 22nd. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $296.50.

Willis Towers Watson Public Price Performance

WTW stock opened at $277.60 on Friday. The company has a market capitalization of $28.38 billion, a P/E ratio of 27.84, a PEG ratio of 1.52 and a beta of 0.73. Willis Towers Watson Public has a twelve month low of $195.29 and a twelve month high of $281.00. The business has a 50 day simple moving average of $259.12 and a 200-day simple moving average of $261.58. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.55.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, July 25th. The company reported $2.55 earnings per share for the quarter, beating the consensus estimate of $2.28 by $0.27. The business had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The company’s revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.05 earnings per share. As a group, equities analysts anticipate that Willis Towers Watson Public will post 16.27 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Richardson Financial Services Inc. acquired a new stake in shares of Willis Towers Watson Public during the first quarter valued at $28,000. Hexagon Capital Partners LLC boosted its stake in shares of Willis Towers Watson Public by 168.8% during the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after acquiring an additional 81 shares during the last quarter. HHM Wealth Advisors LLC acquired a new stake in shares of Willis Towers Watson Public during the fourth quarter valued at $34,000. American National Bank acquired a new stake in shares of Willis Towers Watson Public during the second quarter valued at $36,000. Finally, Beacon Capital Management LLC boosted its stake in shares of Willis Towers Watson Public by 136.5% during the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock valued at $48,000 after acquiring an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.