Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Willis Towers Watson Public (NASDAQ:WTW) Stock

Willis Towers Watson Public (NASDAQ:WTW) had its price target upped by Keefe, Bruyette & Woods from $378.00 to $387.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 23.67% from the stock’s previous close.

WTW has been the topic of a number of other research reports. Barclays lifted their price target on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the stock an “underweight” rating in a research note on Thursday, November 21st. Jefferies Financial Group raised shares of Willis Towers Watson Public from a “hold” rating to a “buy” rating and increased their price target for the stock from $352.00 to $382.00 in a research report on Friday, December 20th. Raymond James raised Willis Towers Watson Public from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from $365.00 to $400.00 in a report on Thursday, December 5th. Roth Mkm increased their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, Truist Financial reaffirmed a “buy” rating and issued a $380.00 price target (up previously from $365.00) on shares of Willis Towers Watson Public in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $333.29.

Willis Towers Watson Public Price Performance

NASDAQ WTW opened at $312.92 on Friday. Willis Towers Watson Public has a 1 year low of $242.54 and a 1 year high of $334.99. The company has a fifty day simple moving average of $314.60 and a 200 day simple moving average of $293.73. 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 company has a market cap of $31.52 billion, a P/E ratio of -42.98, a P/E/G ratio of 1.83 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last announced 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 firm 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%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.24 EPS. On average, sell-side analysts predict that Willis Towers Watson Public will post 16.75 EPS for the current year.

Institutional Trading of Willis Towers Watson Public

Several hedge funds have recently bought and sold shares of WTW. Capital Performance Advisors LLP acquired a new position in shares of Willis Towers Watson Public during the third quarter worth about $27,000. Ashton Thomas Securities LLC acquired a new position in Willis Towers Watson Public during the 3rd quarter worth approximately $41,000. Versant Capital Management Inc boosted its position in Willis Towers Watson Public by 95.5% during the 4th quarter. Versant Capital Management Inc now owns 174 shares of the company’s stock worth $55,000 after acquiring an additional 85 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Willis Towers Watson Public by 22.2% in the third 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, Brooklyn Investment Group acquired a new stake in shares of Willis Towers Watson Public in the third quarter valued at approximately $164,000. 93.09% of the stock is currently 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.