Willis Group Holdings PLC (WSH) Releases Quarterly Earnings Results
Willis Group Holdings PLC (NYSE:WSH) issued its quarterly earnings data on Tuesday. The company reported $0.49 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.59 by $0.10, StockRatingsNetwork reports. The company had revenue of $935.00 million for the quarter, compared to the consensus estimate of $924.50 million.
WSH has been the subject of a number of recent research reports. Analysts at Evercore Partners initiated coverage on shares of Willis Group Holdings PLC in a research note on Wednesday, July 9th. They set an “equal weight” rating and a $45.00 price target on the stock. On the ratings front, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $46.11.
Shares of Willis Group Holdings PLC (NYSE:WSH) traded down 0.53% on Tuesday, hitting $41.54. 733,334 shares of the company’s stock traded hands. Willis Group Holdings PLC has a 1-year low of $40.47 and a 1-year high of $47.22. The stock has a 50-day moving average of $42.99 and a 200-day moving average of $42.66. The company has a market cap of $7.446 billion and a P/E ratio of 19.20.
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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