Keefe, Bruyette & Woods Raises Willis Towers Watson Public (NASDAQ:WTW) Price Target to $378.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective hoisted by stock analysts at Keefe, Bruyette & Woods from $359.00 to $378.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 14.87% from the company’s previous close.

Several other analysts have also recently weighed in on WTW. Truist Financial lifted their price target on Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Roth Mkm lifted their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Finally, Jefferies Financial Group increased their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $315.13.

Willis Towers Watson Public Stock Performance

Shares of WTW opened at $329.06 on Wednesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a 50-day moving average of $302.73 and a 200-day moving average of $282.51. The company has a market cap of $33.14 billion, a PE ratio of -45.20, a price-to-earnings-growth ratio of 2.00 and a beta of 0.74. Willis Towers Watson Public has a one year low of $234.01 and a one year high of $329.70.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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 business’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.24 earnings per share. As a group, equities analysts forecast that Willis Towers Watson Public will post 16.7 earnings per share for the current year.

Hedge Funds Weigh In On Willis Towers Watson Public

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% in the third quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after purchasing an additional 7,561,114 shares during the last quarter. Geode Capital Management LLC raised 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 buying an additional 19,623 shares during the last quarter. FMR LLC boosted its position in 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 during the period. Victory Capital Management Inc. grew its holdings in Willis Towers Watson Public by 0.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock worth $589,698,000 after acquiring an additional 10,856 shares during the last quarter. Finally, Baupost Group LLC MA increased its position in Willis Towers Watson Public by 7.8% in the 3rd quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after acquiring an additional 128,558 shares during the period. 93.09% of the stock is currently owned by institutional investors and hedge funds.

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.