Willis Towers Watson Public (NASDAQ:WTW) Upgraded at Citigroup

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) was upgraded by equities research analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued on Monday, MarketBeat Ratings reports. The firm presently has a $315.00 price objective on the stock, up from their previous price objective of $236.00. Citigroup’s target price would suggest a potential upside of 15.87% from the company’s current price.

WTW has been the topic of a number of other research reports. Raymond James increased their target price on Willis Towers Watson Public from $250.00 to $255.00 and gave the company an “outperform” rating in a research note on Tuesday, October 31st. Roth Mkm increased their price objective on Willis Towers Watson Public from $275.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Wells Fargo & Company boosted their target price on Willis Towers Watson Public from $288.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 7th. Piper Sandler upped their target price on Willis Towers Watson Public from $265.00 to $267.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Finally, Stifel Nicolaus lifted their price target on shares of Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a research note on Wednesday, February 7th. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and an average price target of $284.36.

Read Our Latest Analysis on Willis Towers Watson Public

Willis Towers Watson Public Stock Up 0.6 %

Shares of NASDAQ WTW opened at $271.86 on Monday. The business has a 50-day moving average of $246.05 and a 200-day moving average of $227.12. The firm has a market capitalization of $28.07 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 1.62 and a beta of 0.72. The company has a current ratio of 1.45, a quick ratio of 1.32 and a debt-to-equity ratio of 0.48. Willis Towers Watson Public has a 12 month low of $195.29 and a 12 month high of $272.99.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last released its quarterly earnings results on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, topping analysts’ consensus estimates of $7.05 by $0.39. The business had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.91 billion. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $6.33 EPS. Sell-side analysts expect that Willis Towers Watson Public will post 16.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of institutional investors have recently bought and sold shares of the stock. Resurgent Financial Advisors LLC bought a new position in Willis Towers Watson Public in the fourth quarter worth $27,000. Loomis Sayles & Co. L P purchased a new position in Willis Towers Watson Public during the 3rd quarter valued at about $28,000. Exchange Traded Concepts LLC bought a new stake in Willis Towers Watson Public during the fourth quarter worth about $29,000. Massmutual Trust Co. FSB ADV increased its stake in shares of Willis Towers Watson Public by 67.9% during the second quarter. Massmutual Trust Co. FSB ADV now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 53 shares in the last quarter. Finally, Hexagon Capital Partners LLC lifted its holdings in shares of Willis Towers Watson Public by 168.8% during the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock valued at $31,000 after purchasing an additional 81 shares during the last quarter. 91.41% of the stock is owned by institutional investors.

Willis Towers Watson Public Company Profile

(Get Free Report)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth and Career; and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit programs; actuarial support, plan design, and administrative services for pension and retirement savings plans; and benefits outsourcing services, including a suite of health and welfare, and pension administration outsourcing services.

Further Reading

Analyst Recommendations for Willis Towers Watson Public (NASDAQ:WTW)

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