Willis Towers Watson PLC (WLTW) Receives Consensus Recommendation of “Buy” from Brokerages

Willis Towers Watson PLC (NASDAQ:WLTW) has been assigned an average recommendation of “Buy” from the sixteen brokerages that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $166.75.

A number of research firms have weighed in on WLTW. Wells Fargo & Co reiterated a “hold” rating and set a $154.00 price objective on shares of Willis Towers Watson in a research note on Wednesday, January 10th. BidaskClub lowered Willis Towers Watson from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research lowered Willis Towers Watson from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Deutsche Bank lifted their price objective on Willis Towers Watson from $140.00 to $150.00 and gave the company a “sell” rating in a research note on Friday, February 9th. Finally, ValuEngine upgraded Willis Towers Watson from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd.

Several large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. grew its position in shares of Willis Towers Watson by 0.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 35,274 shares of the financial services provider’s stock valued at $5,132,000 after acquiring an additional 102 shares during the period. Advisor Group Inc. grew its position in shares of Willis Towers Watson by 30.2% during the 2nd quarter. Advisor Group Inc. now owns 699 shares of the financial services provider’s stock valued at $101,000 after acquiring an additional 162 shares during the period. Bank of Nova Scotia grew its position in shares of Willis Towers Watson by 7.0% during the 2nd quarter. Bank of Nova Scotia now owns 3,164 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 206 shares during the period. Amalgamated Bank grew its position in shares of Willis Towers Watson by 2.6% during the 3rd quarter. Amalgamated Bank now owns 14,640 shares of the financial services provider’s stock valued at $2,258,000 after acquiring an additional 376 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec grew its position in shares of Willis Towers Watson by 2.0% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 20,269 shares of the financial services provider’s stock valued at $3,139,000 after acquiring an additional 400 shares during the period. Hedge funds and other institutional investors own 94.51% of the company’s stock.

Willis Towers Watson (NASDAQ WLTW) traded up $1.16 during midday trading on Wednesday, hitting $155.31. The company’s stock had a trading volume of 446,500 shares, compared to its average volume of 634,404. The stock has a market cap of $20,760.00, a price-to-earnings ratio of 37.24, a P/E/G ratio of 1.53 and a beta of 0.91. Willis Towers Watson has a twelve month low of $124.29 and a twelve month high of $165.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.82 and a quick ratio of 1.97.

Willis Towers Watson (NASDAQ:WLTW) last released its quarterly earnings data on Thursday, February 8th. The financial services provider reported $2.21 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.11 by $0.10. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $1.99 billion. Willis Towers Watson had a return on equity of 11.25% and a net margin of 6.93%. The company’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the business posted $1.88 EPS. sell-side analysts expect that Willis Towers Watson will post 9.9 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Willis Towers Watson PLC (WLTW) Receives Consensus Recommendation of “Buy” from Brokerages” was originally reported by American Banking News and is the property of of American Banking News. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2018/02/14/willis-towers-watson-plc-wltw-receives-consensus-recommendation-of-buy-from-brokerages.html.

Willis Towers Watson Company Profile

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

Analyst Recommendations for Willis Towers Watson (NASDAQ:WLTW)

Receive News & Ratings for Willis Towers Watson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply