Keefe, Bruyette & Woods Increases Willis Towers Watson Public (NASDAQ:WTW) Price Target to $378.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective hoisted by stock analysts at Keefe, Bruyette & Woods from $359.00 to $378.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 14.55% from the stock’s current price.

WTW has been the subject of several other reports. Barclays lifted their price objective on Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. UBS Group raised shares of Willis Towers Watson Public to a “hold” rating in a research report on Wednesday, October 9th. Truist Financial raised their target price on shares of Willis Towers Watson Public from $335.00 to $365.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Finally, Jefferies Financial Group lifted their price objective on shares of 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. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $321.80.

Willis Towers Watson Public Trading Down 0.8 %

Shares of Willis Towers Watson Public stock opened at $330.00 on Wednesday. Willis Towers Watson Public has a 52-week low of $234.01 and a 52-week high of $334.99. The stock has a market cap of $33.24 billion, a PE ratio of -45.33, a PEG ratio of 2.05 and a beta of 0.74. The firm has a 50-day moving average of $304.35 and a 200-day moving average of $283.19. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.72 and a current ratio of 1.72.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. Willis Towers Watson Public had a negative net margin of 7.36% and a positive return on equity of 18.57%. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the prior year, the business posted $2.24 EPS. The business’s revenue was up 5.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Willis Towers Watson Public will post 16.7 EPS for the current year.

Institutional Investors Weigh In On Willis Towers Watson Public

A number of institutional investors have recently modified their holdings of the company. Franklin Resources Inc. grew its stake in Willis Towers Watson Public by 25.9% during the third quarter. Franklin Resources Inc. now owns 24,273 shares of the company’s stock worth $7,103,000 after purchasing an additional 4,988 shares during the period. Tidal Investments LLC boosted its holdings in shares of Willis Towers Watson Public by 6.0% during the 3rd quarter. Tidal Investments LLC now owns 10,282 shares of the company’s stock worth $3,028,000 after buying an additional 583 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Willis Towers Watson Public during the 3rd quarter worth approximately $630,000. World Investment Advisors LLC bought a new stake in shares of Willis Towers Watson Public in the 3rd quarter valued at $39,999,000. Finally, Sanctuary Advisors LLC lifted its position in shares of Willis Towers Watson Public by 12.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 4,026 shares of the company’s stock valued at $1,266,000 after acquiring an additional 460 shares during the period. 93.09% of the stock is 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 & 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.