Willis Towers Watson Public (NASDAQ:WTW) Price Target Increased to $314.00 by Analysts at Jefferies Financial Group

Willis Towers Watson Public (NASDAQ:WTW) had its target price hoisted by research analysts at Jefferies Financial Group from $295.00 to $314.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a “hold” rating on the stock. Jefferies Financial Group’s price target suggests a potential upside of 5.35% from the stock’s current price.

A number of other equities research analysts have also recently commented on WTW. Wells Fargo & Company increased their price objective on shares of Willis Towers Watson Public from $321.00 to $334.00 and gave the company an “overweight” rating in a research note on Thursday, October 3rd. Truist Financial raised their price objective 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. Keefe, Bruyette & Woods upped their target price on Willis Towers Watson Public from $320.00 to $323.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Roth Mkm increased their target price on Willis Towers Watson Public from $315.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Finally, Barclays began coverage on Willis Towers Watson Public in a report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Hold” and an average target price of $309.47.

Willis Towers Watson Public Stock Performance

NASDAQ WTW traded up $5.11 during trading hours on Wednesday, hitting $298.05. 508,257 shares of the stock were exchanged, compared to its average volume of 461,629. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.56. The company has a market cap of $30.27 billion, a price-to-earnings ratio of 29.89, a price-to-earnings-growth ratio of 1.84 and a beta of 0.74. Willis Towers Watson Public has a 12-month low of $203.36 and a 12-month high of $303.42. The stock has a 50-day moving average of $287.24 and a 200 day moving average of $270.16.

Willis Towers Watson Public (NASDAQ:WTW) last released its earnings results on Thursday, July 25th. The company reported $2.55 EPS for the quarter, beating analysts’ consensus estimates of $2.28 by $0.27. Willis Towers Watson Public had a return on equity of 16.97% and a net margin of 11.24%. The company had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.27 billion. During the same quarter last year, the company earned $2.05 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 4.9% compared to the same quarter last year. As a group, equities research analysts forecast that Willis Towers Watson Public will post 16.51 earnings per share for the current year.

Institutional Investors Weigh In On Willis Towers Watson Public

Hedge funds have recently added to or reduced their stakes in the stock. Sendero Wealth Management LLC increased its stake in shares of Willis Towers Watson Public by 5.4% in the third quarter. Sendero Wealth Management LLC now owns 16,787 shares of the company’s stock valued at $4,944,000 after purchasing an additional 867 shares during the period. Wedmont Private Capital bought a new position in Willis Towers Watson Public in the 3rd quarter worth approximately $233,000. CWM LLC increased its position in Willis Towers Watson Public by 26.5% in the 3rd quarter. CWM LLC now owns 2,947 shares of the company’s stock valued at $868,000 after acquiring an additional 618 shares during the period. Dynamic Advisor Solutions LLC raised its stake in Willis Towers Watson Public by 4.7% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 1,932 shares of the company’s stock valued at $569,000 after acquiring an additional 86 shares in the last quarter. Finally, Evanson Asset Management LLC acquired a new position in Willis Towers Watson Public during the 3rd quarter worth $532,000. 93.09% of the stock is currently 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.