Willis Group Holdings PLC Receives New Coverage from Analysts at Evercore Partners (WSH)
Equities research analysts at Evercore Partners began coverage on shares of Willis Group Holdings PLC (NYSE:WSH) in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm set an “equal weight” rating on the stock.
A number of other analysts have also recently weighed in on WSH. Analysts at Zacks reiterated a “neutral” rating on shares of Willis Group Holdings PLC in a research note on Thursday, July 3rd. They now have a $46.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of Willis Group Holdings PLC in a research note on Wednesday, July 2nd. They now have a $38.00 price target on the stock. Finally, analysts at Deutsche Bank downgraded shares of Willis Group Holdings PLC from a “hold” rating to a “sell” rating in a research note on Friday, May 2nd. They now have a $38.00 price target on the stock, down previously from $42.00. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $46.67.
Shares of Willis Group Holdings PLC (NYSE:WSH) remained flat at $43.00 during trading on Wednesday. The stock had a trading volume of 479,973 shares. Willis Group Holdings PLC has a 52 week low of $40.47 and a 52 week high of $47.22. The stock’s 50-day moving average is $42.74 and its 200-day moving average is $42.84. The company has a market cap of $7.708 billion and a P/E ratio of 19.77.
Willis Group Holdings PLC (NYSE:WSH) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $1.17. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the company posted $1.46 earnings per share. Willis Group Holdings PLC’s revenue was up 4.4% compared to the same quarter last year. On average, analysts predict that Willis Group Holdings PLC will post $2.67 earnings per share for the current fiscal year.
Willis Group Holdings Public Limited Company provides a range of insurance brokerage, reinsurance and risk management consulting services to its clients worldwide.
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