Willis Towers Watson Public’s (WTW) “Buy” Rating Reiterated at Truist Financial

Truist Financial restated their buy rating on shares of Willis Towers Watson Public (NASDAQ:WTW) in a report issued on Wednesday morning,Benzinga reports. The firm currently has a $380.00 target price on the stock, up from their prior target price of $365.00.

Several other research firms also recently commented on WTW. Barclays raised their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. Roth Mkm raised their price objective 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. Jefferies Financial Group raised their price objective on Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. Wells Fargo & Company raised their price objective on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Finally, UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $321.80.

Willis Towers Watson Public Trading Down 2.3 %

Shares of NASDAQ WTW opened at $322.57 on Wednesday. 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 business’s 50 day moving average price is $304.94 and its 200-day moving average price is $283.67. Willis Towers Watson Public has a fifty-two week low of $234.01 and a fifty-two week high of $334.99. The company has a market cap of $32.49 billion, a price-to-earnings ratio of -44.31, a PEG ratio of 2.07 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.25. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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 company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.24 earnings per share. On average, sell-side analysts expect that Willis Towers Watson Public will post 16.75 earnings per share for the current year.

Institutional Trading of Willis Towers Watson Public

Institutional investors have recently made changes to their positions in the business. Capital Performance Advisors LLP acquired a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth $27,000. American National Bank acquired a new stake in shares of Willis Towers Watson Public in the 2nd quarter worth $36,000. Ashton Thomas Securities LLC acquired a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth $41,000. New Millennium Group LLC acquired a new stake in Willis Towers Watson Public during the 2nd quarter worth about $54,000. Finally, Farther Finance Advisors LLC lifted its position in Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after acquiring an additional 43 shares during the period. 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.