Willis Towers Watson Public (NASDAQ:WTW) Stock Price Expected to Rise, Barclays Analyst Says

Willis Towers Watson Public (NASDAQ:WTW) had its price objective hoisted by Barclays from $278.00 to $302.00 in a report issued on Thursday morning,Benzinga reports. They currently have an underweight rating on the stock.

Other analysts also recently issued research reports about the company. Truist Financial boosted their price target 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. Roth Mkm increased their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Keefe, Bruyette & Woods lifted their price objective on shares of 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. Wells Fargo & Company upped their price objective on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Finally, Jefferies Financial Group raised their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Willis Towers Watson Public has a consensus rating of “Hold” and an average target price of $313.87.

Willis Towers Watson Public Trading Up 2.1 %

Willis Towers Watson Public stock opened at $315.15 on Thursday. Willis Towers Watson Public has a one year low of $234.01 and a one year high of $320.77. The stock has a market cap of $31.74 billion, a PE ratio of -43.29, a price-to-earnings-growth ratio of 1.92 and a beta of 0.73. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72. The stock has a 50-day moving average of $298.10 and a two-hundred day moving average of $278.53.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. Willis Towers Watson Public’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period last year, the business earned $2.24 EPS. On average, research analysts anticipate that Willis Towers Watson Public will post 16.7 EPS for the current fiscal year.

Institutional Trading of Willis Towers Watson Public

Institutional investors have recently bought and sold shares of the business. Capital Performance Advisors LLP purchased a new position in Willis Towers Watson Public during the third quarter valued at $27,000. American National Bank purchased a new position in Willis Towers Watson Public in the 2nd quarter valued at about $36,000. Ashton Thomas Securities LLC acquired a new stake in Willis Towers Watson Public in the 3rd quarter worth about $41,000. Beacon Capital Management LLC increased its stake in Willis Towers Watson Public by 136.5% during the 1st quarter. Beacon Capital Management LLC now owns 175 shares of the company’s stock worth $48,000 after buying an additional 101 shares in the last quarter. Finally, New Millennium Group LLC acquired a new position in shares of Willis Towers Watson Public during the second quarter valued at approximately $54,000. 93.09% of the stock is owned by institutional investors and hedge funds.

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 & 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.