Willis Towers Watson Public (NASDAQ:WTW) Earns “Buy” Rating from Truist Financial

Willis Towers Watson Public (NASDAQ:WTW)‘s stock had its “buy” rating reaffirmed by equities research analysts at Truist Financial in a note issued to investors on Wednesday,Benzinga reports. They currently have a $380.00 target price on the stock, up from their prior target price of $365.00. Truist Financial’s price objective would indicate a potential upside of 15.15% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the stock. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Jefferies Financial Group increased their price target on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. 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 research note on Monday, November 4th. Roth Mkm lifted their target price on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Finally, Keefe, Bruyette & Woods upped their price target on shares of Willis Towers Watson Public from $359.00 to $378.00 and gave the stock an “outperform” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average price target of $321.80.

Willis Towers Watson Public Price Performance

Shares of NASDAQ WTW opened at $330.00 on Wednesday. Willis Towers Watson Public has a twelve month low of $234.01 and a twelve month high of $334.99. 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 firm has a 50-day moving average of $304.35 and a two-hundred day moving average of $283.19. The company has a market capitalization of $33.24 billion, a price-to-earnings ratio of -45.33, a PEG ratio of 2.05 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Thursday, October 31st. The company reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.25. The firm 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%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $2.24 earnings per share. As a group, analysts expect that Willis Towers Watson Public will post 16.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

Large investors have recently made changes to their positions in the business. Capital Performance Advisors LLP bought a new stake in Willis Towers Watson Public in the 3rd quarter valued at $27,000. American National Bank bought a new stake in shares of Willis Towers Watson Public in the second quarter valued at about $36,000. Ashton Thomas Securities LLC acquired a new stake in Willis Towers Watson Public during the third quarter worth about $41,000. New Millennium Group LLC bought a new position in Willis Towers Watson Public during the second quarter valued at about $54,000. Finally, Farther Finance Advisors LLC raised its holdings in Willis Towers Watson Public by 22.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 237 shares of the company’s stock valued at $70,000 after acquiring an additional 43 shares in the last quarter. Institutional investors and hedge funds 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.