Barclays Increases Willis Towers Watson Public (NASDAQ:WTW) Price Target to $302.00

Willis Towers Watson Public (NASDAQ:WTW) had its price target hoisted by Barclays from $278.00 to $302.00 in a report issued on Thursday morning,Benzinga reports. They currently have an underweight rating on the stock.

WTW has been the topic of several other reports. Truist Financial boosted 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 report on Wednesday, October 2nd. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Wells Fargo & Company lifted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Roth Mkm lifted their price objective on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, Jefferies Financial Group lifted their price objective on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $313.87.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $314.40 on Thursday. Willis Towers Watson Public has a 12 month low of $234.01 and a 12 month high of $320.77. The stock has a market cap of $31.67 billion, a price-to-earnings ratio of -43.19, a PEG ratio of 1.96 and a beta of 0.73. The stock’s 50 day moving average price is $298.57 and its 200 day moving average price is $279.12. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the previous year, the business posted $2.24 earnings per share. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. Equities research analysts anticipate that Willis Towers Watson Public will post 16.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in WTW. Capital Performance Advisors LLP bought a new stake in Willis Towers Watson Public in the third quarter valued at about $27,000. American National Bank bought a new stake in Willis Towers Watson Public during the second quarter worth about $36,000. Ashton Thomas Securities LLC bought a new stake in Willis Towers Watson Public during the third quarter worth about $41,000. Beacon Capital Management LLC grew its stake in Willis Towers Watson Public by 136.5% during the first quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after buying an additional 101 shares during the last quarter. Finally, New Millennium Group LLC acquired a new position in shares of Willis Towers Watson Public during the second quarter worth approximately $54,000. 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.