Willis Towers Watson Public (NASDAQ:WTW) Stock Price Expected to Rise, UBS Group Analyst Says

Willis Towers Watson Public (NASDAQ:WTW) had its target price lifted by equities researchers at UBS Group from $398.00 to $409.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price objective points to a potential upside of 41.15% from the company’s current price.

WTW has been the topic of several other research reports. Wall Street Zen raised Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research note on Saturday. Citigroup raised their price target on shares of Willis Towers Watson Public from $351.00 to $366.00 and gave the stock a “neutral” rating in a report on Monday. Cantor Fitzgerald dropped their price objective on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 14th. Wells Fargo & Company lifted their target price on shares of Willis Towers Watson Public from $366.00 to $379.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Willis Towers Watson Public from $375.00 to $388.00 and gave the company an “outperform” rating in a report on Tuesday, January 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $374.57.

Willis Towers Watson Public Price Performance

Shares of NASDAQ:WTW opened at $289.77 on Monday. The company’s fifty day moving average is $325.53 and its two-hundred day moving average is $327.59. The company has a market cap of $27.75 billion, a P/E ratio of 17.69, a price-to-earnings-growth ratio of 1.32 and a beta of 0.62. Willis Towers Watson Public has a 12-month low of $283.60 and a 12-month high of $352.79. The company has a quick ratio of 1.69, a current ratio of 2.21 and a debt-to-equity ratio of 0.71.

Willis Towers Watson Public (NASDAQ:WTW) last issued its earnings results on Tuesday, February 3rd. The company reported $8.12 EPS for the quarter, topping the consensus estimate of $7.93 by $0.19. The business had revenue of $2.94 billion during the quarter, compared to analysts’ expectations of $2.87 billion. Willis Towers Watson Public had a return on equity of 20.91% and a net margin of 16.53%.Willis Towers Watson Public’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $8.13 earnings per share. Equities analysts expect that Willis Towers Watson Public will post 17.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of institutional investors have recently made changes to their positions in WTW. Alpine Bank Wealth Management acquired a new position in shares of Willis Towers Watson Public during the 3rd quarter worth about $25,000. Bartlett & CO. Wealth Management LLC increased its position in Willis Towers Watson Public by 375.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company’s stock worth $25,000 after buying an additional 60 shares during the period. SOA Wealth Advisors LLC. lifted its holdings in shares of Willis Towers Watson Public by 8,200.0% during the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock worth $29,000 after buying an additional 82 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after acquiring an additional 37 shares during the period. Finally, Fideuram Asset Management Ireland dac acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter worth $28,000. 93.09% of the stock is currently owned by institutional investors.

Willis Towers Watson Public Company Profile

Willis Towers Watson Public (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company’s core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.