Willis Towers Watson Public Limited (NASDAQ:WTW) Given Consensus Recommendation of “Hold” by Analysts

Willis Towers Watson Public Limited (NASDAQ:WTW) has been assigned an average recommendation of “Hold” from the sixteen ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $313.87.

A number of equities research analysts have commented on WTW shares. Barclays increased their price objective on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Roth Mkm upped 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 report on Wednesday, October 2nd. Keefe, Bruyette & Woods upped their target price on shares of Willis Towers Watson Public from $352.00 to $359.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Finally, Jefferies Financial Group upped their target price on shares of Willis Towers Watson Public from $295.00 to $314.00 and gave the company a “hold” rating in a report on Wednesday, October 9th.

Willis Towers Watson Public Price Performance

Shares of WTW opened at $320.50 on Tuesday. Willis Towers Watson Public has a fifty-two week low of $234.01 and a fifty-two week high of $322.88. The firm’s 50 day moving average price is $301.93 and its 200 day moving average price is $282.00. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.70. The company has a market cap of $32.28 billion, a P/E ratio of -44.02, a PEG ratio of 2.01 and a beta of 0.73.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, beating 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 company had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the prior year, the firm posted $2.24 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, research analysts forecast that Willis Towers Watson Public will post 16.7 earnings per share for the current fiscal year.

Institutional Trading of Willis Towers Watson Public

Several hedge funds have recently made changes to their positions in the company. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at about $27,000. American National Bank purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at about $36,000. Ashton Thomas Securities LLC purchased a new position in shares of Willis Towers Watson Public in the 3rd quarter valued at about $41,000. New Millennium Group LLC purchased a new position in shares of Willis Towers Watson Public in the 2nd quarter valued at about $54,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of 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 purchasing an additional 43 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.