Keefe, Bruyette & Woods Issues Positive Forecast for Willis Towers Watson Public (NASDAQ:WTW) Stock Price

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

A number of other brokerages have also commented on WTW. Wells Fargo & Company lifted their price target on Willis Towers Watson Public from $334.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Jefferies Financial Group boosted 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 report on Wednesday, October 9th. UBS Group upgraded shares of Willis Towers Watson Public to a “hold” rating in a report on Wednesday, October 9th. Barclays boosted their target price on shares of Willis Towers Watson Public from $278.00 to $302.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st. Finally, Roth Mkm raised their price target on shares of Willis Towers Watson Public from $315.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $321.80.

Willis Towers Watson Public Stock Down 0.8 %

Shares of NASDAQ WTW opened at $330.00 on Wednesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.72 and a quick ratio of 1.72. Willis Towers Watson Public has a 1 year low of $234.01 and a 1 year high of $334.99. The stock has a market capitalization of $33.24 billion, a P/E ratio of -45.33, a P/E/G ratio of 2.05 and a beta of 0.74. The company has a 50-day moving average price of $304.35 and a 200-day moving average price of $283.19.

Willis Towers Watson Public (NASDAQ:WTW) last issued its quarterly earnings data on Thursday, October 31st. The company reported $2.93 EPS for the quarter, topping the consensus estimate of $2.68 by $0.25. Willis Towers Watson Public had a positive return on equity of 18.57% and a negative net margin of 7.36%. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the prior year, the business posted $2.24 earnings per share. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. On average, equities research analysts forecast that Willis Towers Watson Public will post 16.7 EPS for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

Hedge funds have recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new position in shares of Willis Towers Watson Public during the 3rd quarter valued at $27,000. American National Bank bought a new stake in Willis Towers Watson Public during the second quarter valued at $36,000. Ashton Thomas Securities LLC purchased a new position in Willis Towers Watson Public during the third quarter worth about $41,000. New Millennium Group LLC purchased a new position in Willis Towers Watson Public during the second quarter worth about $54,000. Finally, Farther Finance Advisors LLC increased its stake 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 worth $70,000 after acquiring an additional 43 shares during the last quarter. Hedge funds and other institutional investors 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.