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

Willis Towers Watson Public (NASDAQ:WTW) was upgraded by Evercore ISI from an “in-line” rating to an “outperform” rating in a research note issued on Wednesday,Briefing.com Automated Import reports. The brokerage presently has a $373.00 price objective on the stock, up from their previous price objective of $357.00. Evercore ISI’s price objective indicates a potential upside of 20.71% from the company’s previous close.

A number of other research firms have also weighed in on WTW. Barclays boosted 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 report on Thursday, November 21st. Truist Financial restated a “buy” rating and set a $380.00 target price (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. Wells Fargo & Company lifted their price target on 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. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and increased their price objective for the company from $365.00 to $400.00 in a research report on Thursday, December 5th. Finally, Roth Mkm boosted their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $331.53.

Willis Towers Watson Public Stock Up 0.8 %

Willis Towers Watson Public stock opened at $309.00 on Wednesday. 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 1-year low of $238.37 and a 1-year high of $334.99. The firm’s fifty day simple moving average is $313.68 and its 200-day simple moving average is $292.90. The company has a market capitalization of $31.12 billion, a P/E ratio of -42.44, a P/E/G ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted 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 company had revenue of $2.29 billion for the quarter, compared to analyst estimates 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 business’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company earned $2.24 earnings per share. Sell-side analysts forecast that Willis Towers Watson Public will post 16.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

Several hedge funds and other institutional investors have recently modified their holdings of WTW. Fidelis Capital Partners LLC raised its stake in Willis Towers Watson Public by 3.1% during the third quarter. Fidelis Capital Partners LLC now owns 1,223 shares of the company’s stock worth $357,000 after acquiring an additional 37 shares in the last quarter. Glenmede Trust Co. NA grew its holdings in shares of Willis Towers Watson Public by 3.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 1,419 shares of the company’s stock worth $418,000 after purchasing an additional 42 shares during the last quarter. Creative Planning increased its position in shares of Willis Towers Watson Public by 0.3% during the 2nd quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after purchasing an additional 43 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after purchasing an additional 43 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its position in Willis Towers Watson Public by 1.9% in the third 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 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.