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

Willis Towers Watson Public (NASDAQ:WTW) had its price target lifted by Barclays from $278.00 to $302.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has an underweight rating on the stock.

Other analysts also recently issued research reports about the company. UBS Group upgraded Willis Towers Watson Public to a “hold” rating in a research note on Wednesday, October 9th. Roth Mkm increased their target price on 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. Jefferies Financial Group increased their target price on 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. Truist Financial increased their target price on Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, Keefe, Bruyette & Woods increased their target price on Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Willis Towers Watson Public has an average rating of “Hold” and an average target price of $313.87.

Willis Towers Watson Public Stock Performance

WTW opened at $314.40 on Thursday. The company has a market cap of $31.67 billion, a PE ratio of -43.19, a price-to-earnings-growth ratio of 1.96 and a beta of 0.73. The stock has a 50-day moving average of $298.57 and a 200-day moving average of $278.95. Willis Towers Watson Public has a 52-week low of $234.01 and a 52-week high of $320.77. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last released 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. The company had revenue of $2.29 billion during 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 firm’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.24 EPS. As a group, equities research analysts forecast that Willis Towers Watson Public will post 16.7 earnings per share for the current fiscal year.

Institutional Trading of Willis Towers Watson Public

Hedge funds have recently modified their holdings of the company. Mizuho Securities USA LLC raised its holdings in shares of 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 worth $2,229,298,000 after buying an additional 7,561,114 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Willis Towers Watson Public by 277.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 844,417 shares of the company’s stock worth $248,706,000 after buying an additional 620,926 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Willis Towers Watson Public by 47,515.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 499,965 shares of the company’s stock worth $147,255,000 after buying an additional 498,915 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Willis Towers Watson Public by 17.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,728,554 shares of the company’s stock worth $453,123,000 after buying an additional 261,562 shares in the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of Willis Towers Watson Public by 53.0% in the 2nd quarter. Acadian Asset Management LLC now owns 638,535 shares of the company’s stock worth $167,352,000 after buying an additional 221,108 shares in the last quarter. Institutional investors 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.