Wells Fargo & Company Issues Pessimistic Forecast for Willis Towers Watson Public (NASDAQ:WTW) Stock Price

Willis Towers Watson Public (NASDAQ:WTW) had its price objective decreased by Wells Fargo & Company from $380.00 to $345.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 10.10% from the stock’s current price.

WTW has been the subject of several other reports. Raymond James upgraded Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and upped their target price for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and boosted their price target for the company from $352.00 to $382.00 in a research note on Friday, December 20th. Roth Mkm raised their price target on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Finally, Keefe, Bruyette & Woods upped their price target on Willis Towers Watson Public from $378.00 to $387.00 and gave the stock an “outperform” rating in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $333.64.

Willis Towers Watson Public Trading Up 0.0 %

WTW stock opened at $313.35 on Tuesday. The business’s 50-day moving average is $314.80 and its 200 day moving average is $294.77. Willis Towers Watson Public has a 12-month low of $242.54 and a 12-month high of $334.99. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The stock has a market cap of $31.56 billion, a price-to-earnings ratio of -43.04, a PEG ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating 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 analysts’ expectations of $2.28 billion. During the same period in the prior year, the business earned $2.24 earnings per share. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Willis Towers Watson Public will post 16.75 EPS for the current fiscal year.

Institutional Trading of Willis Towers Watson Public

A number of large investors have recently bought and sold shares of WTW. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at approximately $27,000. Ashton Thomas Securities LLC acquired a new position in shares of Willis Towers Watson Public during the 3rd quarter worth $41,000. Versant Capital Management Inc grew its position in Willis Towers Watson Public by 95.5% during the fourth quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after buying an additional 85 shares during the period. Farther Finance Advisors LLC increased its stake in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after purchasing an additional 43 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Willis Towers Watson Public during the fourth quarter worth about $76,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

About Willis Towers Watson Public

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.