Willis Towers Watson Public (NASDAQ:WTW) Given New $365.00 Price Target at Truist Financial

Willis Towers Watson Public (NASDAQ:WTW) had its target price increased by Truist Financial from $335.00 to $365.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s price objective suggests a potential upside of 25.61% from the stock’s previous close.

WTW has been the topic of several other reports. Wells Fargo & Company upped their price target on shares of Willis Towers Watson Public from $318.00 to $321.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Morgan Stanley cut their price target on shares of Willis Towers Watson Public from $275.00 to $272.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 10th. Barclays initiated coverage on shares of Willis Towers Watson Public in a report on Wednesday, September 4th. They issued an “underweight” rating and a $278.00 price target on the stock. Keefe, Bruyette & Woods increased their target price on shares of Willis Towers Watson Public from $320.00 to $323.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. Finally, Roth Mkm increased their target price on shares of Willis Towers Watson Public from $300.00 to $315.00 and gave the stock a “buy” rating in a report on Friday, July 26th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Willis Towers Watson Public has an average rating of “Hold” and an average target price of $303.60.

Willis Towers Watson Public Trading Down 1.6 %

NASDAQ WTW opened at $290.59 on Wednesday. The company’s fifty day simple moving average is $286.74 and its 200-day simple moving average is $269.86. Willis Towers Watson Public has a 52 week low of $203.36 and a 52 week high of $303.42. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.56. The stock has a market cap of $29.51 billion, a P/E ratio of 29.15, a PEG ratio of 1.52 and a beta of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, July 25th. The company reported $2.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.28 by $0.27. The firm had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.27 billion. Willis Towers Watson Public had a net margin of 11.24% and a return on equity of 16.97%. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.05 earnings per share. Equities research analysts predict that Willis Towers Watson Public will post 16.51 EPS for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Graypoint LLC grew its position in Willis Towers Watson Public by 4.7% in the 2nd quarter. Graypoint LLC now owns 820 shares of the company’s stock valued at $215,000 after buying an additional 37 shares in the last quarter. Blueshift Asset Management LLC grew its position in Willis Towers Watson Public by 2.6% in the 4th quarter. Blueshift Asset Management LLC now owns 1,494 shares of the company’s stock valued at $360,000 after buying an additional 38 shares in the last quarter. Creative Planning grew its stake in shares of Willis Towers Watson Public by 0.3% in the 2nd quarter. Creative Planning now owns 13,147 shares of the company’s stock worth $3,446,000 after purchasing an additional 43 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Willis Towers Watson Public by 4.1% in the second quarter. Sequoia Financial Advisors LLC now owns 1,189 shares of the company’s stock worth $312,000 after buying an additional 47 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Willis Towers Watson Public by 3.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,692 shares of the company’s stock worth $444,000 after buying an additional 50 shares during the period. Institutional investors own 93.09% of the company’s stock.

Willis Towers Watson Public Company Profile

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.