Willis Towers Watson Public (NASDAQ:WTW) Upgraded to Neutral by Bank of America

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) was upgraded by stock analysts at Bank of America from an “underperform” rating to a “neutral” rating in a report issued on Wednesday, Marketbeat Ratings reports. The firm currently has a $304.00 target price on the stock, up from their prior target price of $272.00. Bank of America‘s target price indicates a potential upside of 20.40% from the stock’s current price.

Several other brokerages also recently commented on WTW. Citigroup dropped their target price on shares of Willis Towers Watson Public from $315.00 to $312.00 and set a “buy” rating on the stock in a report on Monday, April 29th. Piper Sandler upped their target price on shares of Willis Towers Watson Public from $297.00 to $303.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Roth Mkm increased their target price on Willis Towers Watson Public from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Stifel Nicolaus upped their price objective on Willis Towers Watson Public from $236.00 to $268.00 and gave the stock a “hold” rating in a research report on Wednesday, February 7th. Finally, Wells Fargo & Company decreased their price objective on Willis Towers Watson Public from $320.00 to $318.00 and set an “overweight” rating for the company in a report on Thursday, April 11th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $296.14.

Check Out Our Latest Research Report on WTW

Willis Towers Watson Public Trading Down 1.5 %

Shares of NASDAQ WTW opened at $252.50 on Wednesday. Willis Towers Watson Public has a twelve month low of $195.29 and a twelve month high of $278.86. The stock has a market cap of $25.82 billion, a price-to-earnings ratio of 25.33, a P/E/G ratio of 1.45 and a beta of 0.75. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.55. The company’s fifty day moving average is $262.25 and its 200-day moving average is $255.81.

Willis Towers Watson Public (NASDAQ:WTWGet Free Report) last posted its earnings results on Thursday, April 25th. The company reported $3.29 earnings per share for the quarter, topping the consensus estimate of $3.21 by $0.08. Willis Towers Watson Public had a return on equity of 16.31% and a net margin of 10.88%. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same period in the previous year, the company posted $2.84 earnings per share. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. Equities research analysts predict that Willis Towers Watson Public will post 16.28 EPS for the current year.

Insider Activity

In other Willis Towers Watson Public news, CFO Andrew Jay Krasner sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $272.13, for a total value of $299,343.00. Following the sale, the chief financial officer now owns 4,170 shares in the company, valued at $1,134,782.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On Willis Towers Watson Public

Several institutional investors and hedge funds have recently made changes to their positions in WTW. Richardson Financial Services Inc. acquired a new position in Willis Towers Watson Public in the 1st quarter valued at $28,000. Exchange Traded Concepts LLC acquired a new stake in shares of Willis Towers Watson Public during the 4th quarter worth $29,000. Hexagon Capital Partners LLC increased its position in shares of Willis Towers Watson Public by 168.8% in the fourth quarter. Hexagon Capital Partners LLC now owns 129 shares of the company’s stock worth $31,000 after purchasing an additional 81 shares during the period. Loomis Sayles & Co. L P acquired a new position in Willis Towers Watson Public in the third quarter valued at about $28,000. Finally, HHM Wealth Advisors LLC bought a new stake in Willis Towers Watson Public during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

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 & 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 program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services.

Further Reading

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

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