Keefe, Bruyette & Woods Issues Positive Forecast for Willis Towers Watson Public (NASDAQ:WTW) Stock Price

Willis Towers Watson Public (NASDAQ:WTW) had its price objective hoisted by investment analysts at Keefe, Bruyette & Woods from $352.00 to $359.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 13.14% from the company’s previous close.

WTW has been the subject of several other research reports. Wells Fargo & Company raised their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday. Truist Financial upped their price target on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. 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. Barclays began coverage on Willis Towers Watson Public in a research report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 target price on the stock. Finally, UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $312.27.

Willis Towers Watson Public Stock Up 3.0 %

Shares of NASDAQ WTW opened at $317.31 on Tuesday. The stock has a market capitalization of $31.96 billion, a PE ratio of -43.59, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public has a 12-month low of $234.00 and a 12-month high of $320.10. The stock’s fifty day simple moving average is $293.26 and its two-hundred day simple moving average is $274.26.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the previous year, the company posted $2.24 earnings per share. The firm’s revenue was up 5.7% on a year-over-year basis. As a group, analysts expect that Willis Towers Watson Public will post 16.64 EPS for the current fiscal year.

Institutional Investors Weigh In On Willis Towers Watson Public

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WTW. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public during the 3rd quarter worth $27,000. Richardson Financial Services Inc. purchased a new position in Willis Towers Watson Public during the first quarter worth about $28,000. American National Bank acquired a new stake in shares of Willis Towers Watson Public during the second quarter valued at about $36,000. Ashton Thomas Securities LLC purchased a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $41,000. Finally, Beacon Capital Management LLC lifted its holdings in shares of Willis Towers Watson Public by 136.5% in the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after acquiring an additional 101 shares during the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.