Willis Towers Watson Public (NASDAQ:WTW) Stock Rating Upgraded by Evercore ISI

Willis Towers Watson Public (NASDAQ:WTW) was upgraded by investment analysts at Evercore ISI from an “in-line” rating to an “outperform” rating in a note issued to investors on Wednesday, MarketBeat reports. The firm presently has a $373.00 target price on the stock, up from their previous target price of $357.00. Evercore ISI’s price target would suggest a potential upside of 18.73% from the company’s current price.

WTW has been the subject of several other research reports. Barclays boosted their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st. UBS Group raised Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price target for the stock from $365.00 to $400.00 in a report on Thursday, December 5th. Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $359.00 to $378.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $380.00 price target (up from $365.00) on shares of Willis Towers Watson Public in a report 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $331.53.

Willis Towers Watson Public Stock Up 1.7 %

Willis Towers Watson Public stock opened at $314.15 on Wednesday. The firm has a market capitalization of $31.64 billion, a P/E ratio of -43.15, a P/E/G ratio of 1.83 and a beta of 0.74. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. Willis Towers Watson Public has a twelve month low of $238.37 and a twelve month high of $334.99. The stock’s fifty day simple moving average is $314.33 and its 200-day simple moving average is $293.20.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.25. The company had revenue of $2.29 billion for 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%. During the same quarter in the prior year, the business earned $2.24 EPS. Willis Towers Watson Public’s revenue was up 5.7% on a year-over-year basis. As a group, equities analysts expect that Willis Towers Watson Public will post 16.75 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Willis Towers Watson Public

Hedge funds have recently made changes to their positions in the business. Fidelis Capital Partners LLC raised its stake in Willis Towers Watson Public by 3.1% during the 3rd quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock valued at $357,000 after acquiring an additional 37 shares during the last quarter. Glenmede Trust Co. NA increased its holdings in shares of Willis Towers Watson Public by 3.1% in the third quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock valued at $418,000 after purchasing an additional 42 shares during the period. Creative Planning raised its stake in shares of Willis Towers Watson Public by 0.3% during the second quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after purchasing an additional 43 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Willis Towers Watson Public by 22.2% during the third quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares during the period. Finally, Bleakley Financial Group LLC grew its position in Willis Towers Watson Public by 1.9% in the 3rd quarter. Bleakley Financial Group LLC now owns 2,475 shares of the company’s stock valued at $729,000 after buying an additional 47 shares during the last quarter. 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.