Towers Watson & Co. Reaches New 12-Month High at $117.79 (TW)
Towers Watson & Co. (NYSE:TW)’s share price reached a new 52-week high on Friday, Stock Ratings Network.com reports. The company traded as high as $117.79 and last traded at $117.17, with a volume of 820,586 shares traded. The stock had previously closed at $117.24.
A number of research firms have recently commented on TW. Analysts at MKM Partners initiated coverage on shares of Towers Watson & Co. in a research note to investors on Tuesday. They set a “buy” rating and a $140.00 price target on the stock. Separately, analysts at Deutsche Bank upgraded shares of Towers Watson & Co. from a “hold” rating to a “buy” rating in a research note to investors on Monday, September 23rd. They now have a $125.00 price target on the stock, up previously from $93.00. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Towers Watson & Co. from an “overweight” rating to a “neutral” rating in a research note to investors on Monday, September 23rd. They now have a $105.00 price target on the stock, up previously from $92.00. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $98.83.
Towers Watson & Co. has a 52 week low of $49.74 and a 52 week high of $117.58. The stock’s 50-day moving average is $97.61 and its 200-day moving average is $83.06. The company has a market cap of $8.364 billion and a P/E ratio of 26.29.
Towers Watson & Co. (NYSE:TW) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $1.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.27 by $0.11. The company had revenue of $875.00 million for the quarter, compared to the consensus estimate of $874.89 million. During the same quarter last year, the company posted $1.25 earnings per share. Towers Watson & Co.’s revenue was up 6.0% compared to the same quarter last year. Analysts expect that Towers Watson & Co. will post $5.83 EPS for the current fiscal year.
Towers Watson & Co (NYSE:TW) is a global professional services company.
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