Towers Watson & Co Given Consensus Recommendation of “Buy” by Brokerages (NYSE:TW)
Shares of Towers Watson & Co (NYSE:TW) have received an average recommendation of “Buy” from the nine brokerages that are presently covering the stock, American Banking News.com reports. One equities research analyst has rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $123.00.
Separately, analysts at MKM Partners cut their price target on shares of Towers Watson & Co from $140.00 to $135.00 in a research note on Wednesday. They now have a “buy” rating on the stock.
Towers Watson & Co (NYSE:TW) traded down 0.09% on Thursday, hitting $109.23. The stock had a trading volume of 107,974 shares. Towers Watson & Co has a 52 week low of $72.95 and a 52 week high of $131.73. The stock has a 50-day moving average of $104.2 and a 200-day moving average of $109.2. The company has a market cap of $7.679 billion and a price-to-earnings ratio of 21.62.
Towers Watson & Co (NYSE:TW) last announced its earnings results 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. On average, analysts predict that Towers Watson & Co will post $6.00 earnings per share for the current fiscal year.
Towers Watson & Co (NYSE:TW) is a global professional services company.
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