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

Willis Towers Watson Public (NASDAQ:WTW) had its price objective lifted by Keefe, Bruyette & Woods from $378.00 to $387.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 24.06% from the stock’s current price.

A number of other equities research analysts also recently commented on WTW. Roth Mkm raised 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 report on Wednesday, October 2nd. Barclays lifted their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research note on Thursday, November 21st. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Raymond James raised shares of Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the company from $365.00 to $400.00 in a research note on Thursday, December 5th. Finally, Truist Financial restated a “buy” rating and set a $380.00 price objective (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $332.13.

Willis Towers Watson Public Trading Down 0.7 %

Shares of NASDAQ:WTW traded down $2.20 during trading hours on Friday, hitting $311.95. 84,869 shares of the company’s stock traded hands, compared to its average volume of 444,169. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a market capitalization of $31.42 billion, a P/E ratio of -42.85, a price-to-earnings-growth ratio of 1.83 and a beta of 0.74. The business has a fifty day moving average price of $314.33 and a 200-day moving average price of $293.20. Willis Towers Watson Public has a 1 year low of $242.54 and a 1 year high of $334.99.

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

Institutional Investors Weigh In On Willis Towers Watson Public

Several hedge funds have recently bought and sold shares of the stock. Capital Performance Advisors LLP bought a new position in Willis Towers Watson Public in the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at about $41,000. Versant Capital Management Inc increased its position in shares of Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock valued at $55,000 after purchasing an additional 85 shares during the last quarter. Farther Finance Advisors LLC increased its holdings 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 worth $70,000 after acquiring an additional 43 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new stake in Willis Towers Watson Public in the 3rd quarter worth approximately $164,000. 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.