Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) had its price target hoisted by research analysts at Truist Financial from $275.00 to $310.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price target indicates a potential upside of 14.06% from the company’s previous close.
A number of other equities analysts also recently weighed in on WTW. Morgan Stanley increased their price target on shares of Willis Towers Watson Public from $248.00 to $270.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Roth Mkm increased their price objective on shares of Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday. Piper Sandler increased their price objective on shares of Willis Towers Watson Public from $265.00 to $267.00 and gave the stock an “overweight” rating in a research report on Friday, October 27th. TD Cowen started coverage on shares of Willis Towers Watson Public in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $316.00 price objective for the company. Finally, Wells Fargo & Company increased their price objective on shares of Willis Towers Watson Public from $288.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $270.21.
Get Our Latest Stock Analysis on Willis Towers Watson Public
Willis Towers Watson Public Price Performance
Shares of WTW traded up $3.34 during mid-day trading on Wednesday, hitting $271.79. The company’s stock had a trading volume of 729,499 shares, compared to its average volume of 429,314. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.48. The firm has a 50-day simple moving average of $244.43 and a 200 day simple moving average of $226.31. The firm has a market capitalization of $28.07 billion, a P/E ratio of 28.76, a P/E/G ratio of 1.57 and a beta of 0.72. Willis Towers Watson Public has a 1-year low of $195.29 and a 1-year high of $272.09.
Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, beating the consensus estimate of $7.05 by $0.39. The business had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Willis Towers Watson Public had a return on equity of 14.64% and a net margin of 10.99%. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm earned $6.33 EPS. Analysts predict that Willis Towers Watson Public will post 14.12 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Resurgent Financial Advisors LLC bought a new stake in shares of Willis Towers Watson Public during the 4th quarter worth about $27,000. Loomis Sayles & Co. L P acquired a new position in shares of Willis Towers Watson Public in the 3rd quarter worth approximately $28,000. Exchange Traded Concepts LLC acquired a new position in shares of Willis Towers Watson Public in the 4th quarter worth approximately $29,000. Massmutual Trust Co. FSB ADV grew its stake in shares of Willis Towers Watson Public by 67.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 53 shares during the last quarter. Finally, Hexagon Capital Partners LLC grew its stake in shares of Willis Towers Watson Public by 168.8% in the 4th quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock worth $31,000 after purchasing an additional 81 shares during the last quarter. 91.41% of the stock is currently owned by institutional investors.
About Willis Towers Watson Public
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth and 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 programs; actuarial support, plan design, and administrative services for pension and retirement savings plans; and benefits outsourcing services, including a suite of health and welfare, and pension administration outsourcing services.
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