Towers Watson & Co Receives Average Rating of “Buy” from Brokerages (NYSE:TW)
Towers Watson & Co (NYSE:TW) has been given an average rating of “Buy” by the nine brokerages that are currently covering the stock, StockRatingsNetwork reports. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have updated their coverage 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, August 13th. They now have a “buy” rating on the stock.
Shares of Towers Watson & Co (NYSE:TW) opened at 108.78 on Thursday. Towers Watson & Co has a 52 week low of $80.89 and a 52 week high of $131.73. The stock’s 50-day moving average is $104.5 and its 200-day moving average is $109.1. The company has a market cap of $7.638 billion and a price-to-earnings ratio of 21.52.
Towers Watson & Co (NYSE:TW) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $1.34 earnings per share for the quarter, beating the analysts’ 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 $5.91 earnings per share for the current fiscal year.
Towers Watson & Co (NYSE:TW) is a global professional services company.
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