Wells Fargo & Company Raises Willis Towers Watson Public (NASDAQ:WTW) Price Target to $340.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective raised by investment analysts at Wells Fargo & Company from $334.00 to $340.00 in a research note issued on Monday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price indicates a potential upside of 10.42% from the stock’s current price.

A number of other equities research analysts have also issued reports on WTW. Morgan Stanley reduced their price target on Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Truist Financial boosted their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Jefferies Financial Group raised their price target 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. Finally, Keefe, Bruyette & Woods increased their price objective on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Willis Towers Watson Public has a consensus rating of “Hold” and an average target price of $312.27.

Willis Towers Watson Public Trading Up 1.7 %

Shares of NASDAQ WTW opened at $307.92 on Monday. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $31.01 billion, a PE ratio of -42.30, a PEG ratio of 1.88 and a beta of 0.73. Willis Towers Watson Public has a twelve month low of $234.00 and a twelve month high of $308.87. The stock has a fifty day simple moving average of $292.70 and a 200-day simple moving average of $273.95.

Willis Towers Watson Public (NASDAQ:WTW) last released 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 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%. Willis Towers Watson Public’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $2.24 EPS. On average, equities analysts forecast that Willis Towers Watson Public will post 16.59 earnings per share for the current year.

Hedge Funds Weigh In On Willis Towers Watson Public

Institutional investors have recently bought and sold shares of the company. Graypoint LLC raised its stake in shares of Willis Towers Watson Public by 4.7% during the 2nd quarter. Graypoint LLC now owns 820 shares of the company’s stock worth $215,000 after buying an additional 37 shares in the last quarter. Fidelis Capital Partners LLC raised its position in Willis Towers Watson Public by 3.1% in 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. Creative Planning lifted its holdings in Willis Towers Watson Public by 0.3% in the second quarter. Creative Planning now owns 13,147 shares of the company’s stock valued at $3,446,000 after acquiring an additional 43 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Willis Towers Watson Public by 22.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock worth $70,000 after purchasing an additional 43 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in shares of Willis Towers Watson Public by 4.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after purchasing an additional 47 shares during the period. 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.