Willis Towers Watson Public (NASDAQ:WTW) Price Target Raised to $302.00 at Barclays

Willis Towers Watson Public (NASDAQ:WTW) had its price target upped by analysts at Barclays from $278.00 to $302.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “underweight” rating on the stock. Barclays‘s price target suggests a potential downside of 2.23% from the company’s previous close.

WTW has been the topic of several other reports. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Roth Mkm boosted their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Jefferies Financial Group boosted their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Wells Fargo & Company increased their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Willis Towers Watson Public currently has a consensus rating of “Hold” and an average price target of $313.87.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded up $0.27 during trading hours on Thursday, hitting $308.88. 54,991 shares of the company’s stock were exchanged, compared to its average volume of 483,149. Willis Towers Watson Public has a 12-month low of $234.01 and a 12-month high of $320.77. The company has a market capitalization of $31.11 billion, a PE ratio of -42.29, a PEG ratio of 1.92 and a beta of 0.73. The business’s 50 day simple moving average is $297.59 and its 200-day simple moving average is $278.27. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm earned $2.24 earnings per share. On average, equities research analysts anticipate that Willis Towers Watson Public will post 16.7 earnings per share for the current year.

Institutional Trading of Willis Towers Watson Public

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mizuho Securities USA LLC raised its position in Willis Towers Watson Public by 95,880.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock worth $2,229,298,000 after buying an additional 7,561,114 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Willis Towers Watson Public by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock valued at $772,027,000 after purchasing an additional 19,623 shares in the last quarter. FMR LLC raised its stake in shares of Willis Towers Watson Public by 2.0% during the 3rd quarter. FMR LLC now owns 2,416,455 shares of the company’s stock worth $711,718,000 after buying an additional 48,384 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Willis Towers Watson Public by 0.5% in the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after buying an additional 10,856 shares in the last quarter. Finally, Baupost Group LLC MA raised its position in shares of Willis Towers Watson Public by 7.8% during the 3rd quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock worth $524,619,000 after purchasing an additional 128,558 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

About Willis Towers Watson Public

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.