Willis Towers Watson Public (NASDAQ:WTW) Price Target Raised to $387.00

Willis Towers Watson Public (NASDAQ:WTW) had its price target boosted by stock analysts at Keefe, Bruyette & Woods from $378.00 to $387.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 24.06% from the stock’s current price.

A number of other research analysts also recently commented on the company. Jefferies Financial Group upgraded Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price objective for the company from $352.00 to $382.00 in a report on Friday, December 20th. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Roth Mkm boosted their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company upped their target price on 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. Finally, Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $357.00 to $373.00 in a research note on Wednesday. One analyst has rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Willis Towers Watson Public has an average rating of “Moderate Buy” and an average target price of $332.13.

Willis Towers Watson Public Stock Down 0.7 %

WTW traded down $2.20 on Friday, hitting $311.95. The company had a trading volume of 84,869 shares, compared to its average volume of 444,169. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a market capitalization of $31.42 billion, a price-to-earnings ratio of -42.85, a P/E/G ratio of 1.83 and a beta of 0.74. The stock has a fifty day moving average price of $314.33 and a 200-day moving average price of $293.20. Willis Towers Watson Public has a 12-month low of $242.54 and a 12-month high of $334.99.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.25. The business had revenue of $2.29 billion during 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 business’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.24 earnings per share. Analysts predict that Willis Towers Watson Public will post 16.75 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Mizuho Securities USA LLC raised its stake in shares of Willis Towers Watson Public by 95,880.2% during 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 acquiring an additional 7,561,114 shares during the last quarter. Geode Capital Management LLC raised its stake in Willis Towers Watson Public by 0.8% during the third quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock worth $772,027,000 after buying an additional 19,623 shares during the last quarter. FMR LLC raised its stake in Willis Towers Watson Public by 2.0% during the third 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 last quarter. Victory Capital Management Inc. raised its holdings in shares of Willis Towers Watson Public by 0.5% during the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after purchasing an additional 10,856 shares during the period. Finally, Baupost Group LLC MA raised its holdings in shares of Willis Towers Watson Public by 7.8% during the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after purchasing an additional 128,558 shares during the period. 93.09% of the stock is owned by institutional investors.

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.