Willis Towers Watson Public (NASDAQ:WTW) Price Target Raised to $387.00 at Keefe, Bruyette & Woods

Willis Towers Watson Public (NASDAQ:WTW) had its target price hoisted by equities research analysts at Keefe, Bruyette & Woods from $378.00 to $387.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 23.67% from the stock’s previous close.

Other equities research analysts also recently issued reports about the stock. Raymond James upgraded shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and raised their target price for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. UBS Group raised Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Roth Mkm lifted their target price on 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. Evercore ISI upgraded Willis Towers Watson Public from an “in-line” rating to an “outperform” rating and increased their price target for the company from $357.00 to $373.00 in a research note on Wednesday. Finally, Wells Fargo & Company lifted their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $333.29.

Willis Towers Watson Public Stock Down 0.4 %

WTW stock opened at $312.92 on Friday. The company has a market cap of $31.52 billion, a price-to-earnings ratio of -42.98, a P/E/G ratio of 1.83 and a beta of 0.74. Willis Towers Watson Public has a twelve month low of $242.54 and a twelve month high of $334.99. The business has a 50 day moving average price of $314.60 and a two-hundred day moving average price of $293.73. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.25. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm’s revenue was up 5.7% on a year-over-year basis. During the same period last year, the business earned $2.24 earnings per share. Analysts anticipate that Willis Towers Watson Public will post 16.75 EPS for the current fiscal year.

Institutional Investors Weigh In On Willis Towers Watson Public

Institutional investors have recently made changes to their positions in the stock. Mizuho Securities USA LLC increased its holdings in Willis Towers Watson Public by 95,880.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 7,569,000 shares of the company’s stock valued at $2,229,298,000 after buying an additional 7,561,114 shares during the period. Geode Capital Management LLC boosted its position in shares of Willis Towers Watson Public by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 2,629,439 shares of the company’s stock worth $772,027,000 after acquiring an additional 19,623 shares in the last quarter. FMR LLC increased its stake in Willis Towers Watson Public by 2.0% in the third quarter. FMR LLC now owns 2,416,455 shares of the company’s stock valued at $711,718,000 after acquiring an additional 48,384 shares during the last quarter. Victory Capital Management Inc. increased its stake in Willis Towers Watson Public by 0.5% in the third quarter. Victory Capital Management Inc. now owns 2,002,167 shares of the company’s stock valued at $589,698,000 after acquiring an additional 10,856 shares during the last quarter. Finally, Baupost Group LLC MA raised its position in Willis Towers Watson Public by 7.8% during the third quarter. Baupost Group LLC MA now owns 1,781,206 shares of the company’s stock valued at $524,619,000 after purchasing an additional 128,558 shares in the last quarter. 93.09% of the stock is currently owned by institutional investors.

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.