Willis Towers Watson Public (NASDAQ:WTW) PT Raised to $268.00

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) had its price objective upped by stock analysts at Stifel Nicolaus from $236.00 to $268.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ target price would suggest a potential downside of 0.78% from the company’s previous close.

Several other research analysts also recently weighed in on the company. TheStreet upgraded Willis Towers Watson Public from a “c+” rating to a “b-” rating in a research note on Monday, October 30th. Roth Mkm upped their price target on Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday. Piper Sandler upped their price target on Willis Towers Watson Public from $265.00 to $267.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Wells Fargo & Company upped their price target on Willis Towers Watson Public from $288.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Morgan Stanley upped their price target on Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a research note on Wednesday. One investment 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’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $271.14.

Check Out Our Latest Research Report on WTW

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $270.11 on Wednesday. Willis Towers Watson Public has a fifty-two week low of $195.29 and a fifty-two week high of $272.09. The business has a 50-day simple moving average of $245.52 and a two-hundred day simple moving average of $226.93. 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 firm has a market cap 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 (NASDAQ:WTWGet Free Report) last released its quarterly earnings results on Tuesday, February 6th. The company reported $7.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.05 by $0.39. The business had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.91 billion. Willis Towers Watson Public had a return on equity of 15.70% and a net margin of 11.12%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company posted $6.33 EPS. On average, 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

A number of institutional investors have recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA raised its stake in 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 during the last quarter. Artisan Partners Limited Partnership raised its position in Willis Towers Watson Public by 1.3% during the second 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 raised its position in Willis Towers Watson Public by 2.9% during the fourth quarter. First Eagle Investment Management LLC now owns 5,568,252 shares of the company’s stock valued at $1,343,062,000 after acquiring an additional 158,234 shares in the last quarter. State Street Corp raised its position in Willis Towers Watson Public by 1.0% during the second quarter. State Street Corp now owns 4,526,447 shares of the company’s stock valued at $1,069,746,000 after acquiring an additional 42,949 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Willis Towers Watson Public by 2.1% during the second quarter. Geode Capital Management LLC now owns 2,453,130 shares of the company’s stock valued at $576,317,000 after acquiring an additional 50,116 shares in the last quarter. Institutional investors own 91.41% of the company’s stock.

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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Analyst Recommendations for Willis Towers Watson Public (NASDAQ:WTW)

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