Willis Towers Watson Public (NASDAQ:WTW) Raised to Buy at Citigroup

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, MarketBeat reports. The firm presently has a $315.00 target price on the stock, up from their prior target price of $236.00. Citigroup’s target price suggests a potential upside of 15.87% from the stock’s current price.

A number of other brokerages have also weighed in on WTW. Morgan Stanley lifted their price target on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the company an “equal weight” rating in a report on Wednesday, February 7th. TheStreet raised Willis Towers Watson Public from a “c+” rating to a “b-” rating in a research report on Monday, October 30th. Stifel Nicolaus raised their price objective on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a report on Wednesday, February 7th. Roth Mkm lifted their price objective on Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Finally, Raymond James increased their target price on shares of Willis Towers Watson Public from $250.00 to $255.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 31st. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $284.36.

View Our Latest Research Report on WTW

Willis Towers Watson Public Stock Up 0.6 %

Shares of NASDAQ:WTW opened at $271.86 on Monday. The company has a quick ratio of 1.32, a current ratio of 1.45 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $28.07 billion, a P/E ratio of 27.13, a P/E/G ratio of 1.62 and a beta of 0.72. Willis Towers Watson Public has a 52-week low of $195.29 and a 52-week high of $272.99. The stock’s fifty day simple moving average is $246.05 and its 200-day simple moving average is $227.12.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last released its earnings results on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, topping the consensus estimate of $7.05 by $0.39. The firm had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. Willis Towers Watson Public’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the company earned $6.33 EPS. As a group, equities research analysts forecast that Willis Towers Watson Public will post 16.28 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Intech Investment Management LLC increased its stake in Willis Towers Watson Public by 53.6% during the fourth quarter. Intech Investment Management LLC now owns 146,382 shares of the company’s stock valued at $35,307,000 after purchasing an additional 51,083 shares during the last quarter. Johnson Financial Group Inc. acquired a new position in shares of Willis Towers Watson Public in the 4th quarter valued at about $157,000. Nomura Asset Management Co. Ltd. grew its position in shares of Willis Towers Watson Public by 1.5% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 28,370 shares of the company’s stock valued at $6,843,000 after buying an additional 410 shares during the last quarter. Orion Portfolio Solutions LLC raised its stake in Willis Towers Watson Public by 2.2% during the fourth quarter. Orion Portfolio Solutions LLC now owns 5,152 shares of the company’s stock worth $1,248,000 after acquiring an additional 113 shares during the period. Finally, Team Hewins LLC bought a new position in Willis Towers Watson Public in the fourth quarter worth about $337,000. Institutional investors own 91.41% of the company’s stock.

Willis Towers Watson Public Company Profile

(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.

Further Reading

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

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