MKM Partners Lowers Towers Watson & Co Price Target to $135.00 (TW)
Analysts at MKM Partners dropped their price target on shares of Towers Watson & Co (NYSE:TW) from $140.00 to $135.00 in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock. MKM Partners’ target price would indicate a potential upside of 27.60% from the company’s current price.
Towers Watson & Co (NYSE:TW) traded up 2.45% on Wednesday, hitting $108.39. The stock had a trading volume of 115,910 shares. Towers Watson & Co has a one year low of $72.95 and a one year high of $131.73. The stock’s 50-day moving average is $104.1 and its 200-day moving average is $109.2. The company has a market cap of $7.620 billion and a P/E ratio of 20.92.
Towers Watson & Co (NYSE:TW) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $1.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.25 by $0.09. The company had revenue of $879.00 million for the quarter, compared to the consensus estimate of $850.84 million. Analysts expect that Towers Watson & Co will post $6.00 EPS for the current fiscal year.
Towers Watson & Co (NYSE:TW) is a global professional services company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.