Truist Financial Increases Willis Towers Watson Public (NASDAQ:WTW) Price Target to $310.00

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) had its target price boosted by stock analysts at Truist Financial from $275.00 to $310.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s target price would suggest a potential upside of 14.77% from the stock’s current price.

Other research analysts also recently issued reports about the stock. Wells Fargo & Company raised their price objective on shares of Willis Towers Watson Public from $288.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday. Roth Mkm lifted their price target on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday. TD Cowen initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, January 10th. They set an “outperform” rating and a $316.00 price target for the company. TheStreet upgraded shares of Willis Towers Watson Public from a “c+” rating to a “b-” rating in a report on Monday, October 30th. Finally, Piper Sandler boosted their target price on shares of Willis Towers Watson Public from $265.00 to $267.00 and gave the company an “overweight” rating in a report on Friday, October 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $271.14.

Check Out Our Latest Research Report on Willis Towers Watson Public

Willis Towers Watson Public Price Performance

Willis Towers Watson Public stock opened at $270.11 on Wednesday. The company has a market capitalization of $27.89 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 1.68 and a beta of 0.72. Willis Towers Watson Public has a 1 year low of $195.29 and a 1 year high of $272.09. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.32 and a current ratio of 1.45. The company’s 50 day simple moving average is $245.52 and its 200-day simple moving average is $226.93.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, beating analysts’ consensus estimates of $7.05 by $0.39. The company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.33 EPS. As a group, equities research analysts expect that Willis Towers Watson Public will post 16.16 earnings per share for the current year.

Institutional Investors Weigh In On Willis Towers Watson Public

Several hedge funds have recently modified their holdings of WTW. Massachusetts Financial Services Co. MA increased its stake in shares of Willis Towers Watson Public by 1.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 9,946,805 shares of the company’s stock valued at $2,078,484,000 after buying an additional 98,719 shares in the last quarter. Artisan Partners Limited Partnership lifted its stake in Willis Towers Watson Public by 1.3% in the 2nd quarter. Artisan Partners Limited Partnership now owns 5,613,694 shares of the company’s stock valued at $1,322,025,000 after acquiring an additional 72,822 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of Willis Towers Watson Public by 2.9% during the 4th quarter. First Eagle Investment Management LLC now owns 5,568,252 shares of the company’s stock worth $1,343,062,000 after purchasing an additional 158,234 shares during the last quarter. State Street Corp increased its position in shares of Willis Towers Watson Public by 1.0% during the 2nd quarter. State Street Corp now owns 4,526,447 shares of the company’s stock worth $1,069,746,000 after purchasing an additional 42,949 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Willis Towers Watson Public by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 2,453,130 shares of the company’s stock worth $576,317,000 after purchasing an additional 50,116 shares during the last quarter. 91.41% of the stock is owned by institutional investors.

About Willis Towers Watson Public

(Get Free Report)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth and 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 programs; actuarial support, plan design, and administrative services for pension and retirement savings plans; and benefits outsourcing services, including a suite of health and welfare, and pension administration outsourcing services.

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