Willis Towers Watson Public Limited Company (WLTW) Receives $158.07 Consensus Target Price from Analysts

Shares of Willis Towers Watson Public Limited Company (NASDAQ:WLTW) have earned an average recommendation of “Buy” from the twenty brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $159.64.

Several equities analysts recently commented on the company. BidaskClub raised Willis Towers Watson Public from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Deutsche Bank restated a “sell” rating and set a $130.00 target price (up previously from $121.00) on shares of Willis Towers Watson Public in a report on Wednesday, August 9th. Goldman Sachs Group assumed coverage on shares of Willis Towers Watson Public in a report on Monday. They set a “sell” rating and a $153.00 target price on the stock. ValuEngine downgraded shares of Willis Towers Watson Public from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, William Blair reaffirmed an “outperform” rating on shares of Willis Towers Watson Public in a research note on Monday, August 21st.

Shares of Willis Towers Watson Public (NASDAQ:WLTW) traded down $0.22 during midday trading on Friday, reaching $157.10. The company’s stock had a trading volume of 418,606 shares, compared to its average volume of 810,426. Willis Towers Watson Public has a 1-year low of $120.87 and a 1-year high of $165.00. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market cap of $20,925.51, a PE ratio of 19.42, a PEG ratio of 1.89 and a beta of 0.90.

Willis Towers Watson Public (NASDAQ:WLTW) last issued its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $1.12 EPS for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.01). The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.84 billion. Willis Towers Watson Public had a return on equity of 10.93% and a net margin of 4.43%. The business’s revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.04 EPS. analysts forecast that Willis Towers Watson Public will post 8.4 EPS for the current year.

In other Willis Towers Watson Public news, insider Jeffrey W. Ubben sold 491,652 shares of Willis Towers Watson Public stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $148.59, for a total transaction of $73,054,570.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeffrey W. Ubben sold 193,000 shares of Willis Towers Watson Public stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $152.31, for a total value of $29,395,830.00. The disclosure for this sale can be found here. Insiders sold a total of 2,025,295 shares of company stock valued at $311,256,253 over the last ninety days. Corporate insiders own 6.70% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. FIL Ltd increased its stake in shares of Willis Towers Watson Public by 490.5% during the 2nd quarter. FIL Ltd now owns 3,884,662 shares of the financial services provider’s stock worth $565,063,000 after purchasing an additional 3,226,785 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Willis Towers Watson Public by 42.9% in the 2nd quarter. BlackRock Inc. now owns 7,689,587 shares of the financial services provider’s stock worth $1,118,528,000 after purchasing an additional 2,310,281 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Willis Towers Watson Public by 136.4% during the second quarter. Capital Research Global Investors now owns 2,398,314 shares of the financial services provider’s stock valued at $348,859,000 after acquiring an additional 1,383,798 shares during the period. Epoch Investment Partners Inc. acquired a new position in Willis Towers Watson Public in the 2nd quarter valued at approximately $167,911,000. Finally, Harris Associates L P increased its stake in Willis Towers Watson Public by 13.0% in the 2nd quarter. Harris Associates L P now owns 8,937,984 shares of the financial services provider’s stock valued at $1,300,119,000 after buying an additional 1,027,587 shares during the period. Institutional investors and hedge funds own 94.35% of the company’s stock.

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About Willis Towers Watson Public

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

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

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