Willis Towers Watson Public (NASDAQ:WTW) Given New $332.00 Price Target at Barclays

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) had its target price lifted by analysts at Barclays from $303.00 to $332.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s price objective suggests a potential upside of 13.91% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Piper Sandler increased their price objective on shares of Willis Towers Watson Public from $283.00 to $317.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Wells Fargo & Company boosted their price objective on Willis Towers Watson Public from $341.00 to $378.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Citigroup reaffirmed a “neutral” rating and set a $345.00 target price (up from $300.00) on shares of Willis Towers Watson Public in a research note on Monday, August 3rd. Mizuho lowered their target price on Willis Towers Watson Public from $406.00 to $380.00 and set an “outperform” rating for the company in a report on Wednesday, September 16th. Finally, Cantor Fitzgerald boosted their price target on Willis Towers Watson Public from $344.00 to $380.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Eleven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average price target of $367.40.

Get Our Latest Stock Report on Willis Towers Watson Public

Willis Towers Watson Public Trading Down 0.2%

WTW traded down $0.52 during midday trading on Wednesday, hitting $291.46. 100,356 shares of the company were exchanged, compared to its average volume of 687,770. The firm has a market capitalization of $27.07 billion, a P/E ratio of 17.92, a P/E/G ratio of 0.83 and a beta of 0.46. The firm’s 50 day moving average price is $323.52 and its 200-day moving average price is $292.11. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74. Willis Towers Watson Public has a 1-year low of $240.61 and a 1-year high of $351.51.

Willis Towers Watson Public (NASDAQ:WTW – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.12 by $0.23. The company had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.42 billion. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%.The firm’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company earned $2.86 earnings per share. As a group, equities analysts forecast that Willis Towers Watson Public will post 19.81 EPS for the current fiscal year.

Hedge Funds Weigh In On Willis Towers Watson Public

Institutional investors have recently modified their holdings of the company. T. Rowe Price Investment Management Inc. raised its position in Willis Towers Watson Public by 23.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,505,195 shares of the company’s stock valued at $1,151,808,000 after buying an additional 664,202 shares during the last quarter. Baupost Group LLC MA lifted its position in shares of Willis Towers Watson Public by 24.7% during the fourth quarter. Baupost Group LLC MA now owns 1,357,601 shares of the company’s stock valued at $446,108,000 after purchasing an additional 268,536 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Willis Towers Watson Public by 1.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,000,558 shares of the company’s stock worth $290,856,000 after purchasing an additional 11,851 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in Willis Towers Watson Public by 1.0% during the first quarter. Janus Henderson Group PLC now owns 903,762 shares of the company’s stock worth $262,723,000 after purchasing an additional 9,232 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Willis Towers Watson Public by 6.5% in the 1st quarter. Bank of New York Mellon Corp now owns 505,357 shares of the company’s stock worth $146,907,000 after purchasing an additional 30,887 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

Willis Towers Watson Public Company Profile

(Get Free Report)

Willis Towers Watson Public Limited Company, operating under the name WTW, is a global advisory, broking and solutions company. It helps organizations manage risk, optimize employee benefits and support their workforce strategies, while also providing investment, data and technology services.

WTW’s principal activities include insurance brokerage and risk management, health and benefits consulting, retirement and investment advisory services, actuarial consulting, executive compensation and talent management.

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

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