Barclays Cuts Willis Towers Watson Public (NASDAQ:WTW) Price Target to $322.00

Key Points

• Barclays cut its price target on Willis Towers Watson from $341 to $322 and kept an "equal weight" rating, with the new target implying about a 10.99% upside from the prior close.
• Analyst consensus remains positive — MarketBeat shows a "Moderate Buy" consensus with a $369.71 average target, based on 1 Strong Buy, 10 Buy and 5 Hold ratings.
• Willis Towers Watson slightly beat quarterly estimates (EPS $8.12 vs. $7.93; revenue $2.94B vs. $2.87B) despite a 3.3% year‑over‑year revenue decline, and shares traded up to $290.13 mid‑day, still below most analyst targets.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) had its target price decreased by equities researchers at Barclays from $341.00 to $322.00 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 target price points to a potential upside of 10.99% from the stock's previous close.

Other research analysts also recently issued reports about the stock. Cantor Fitzgerald decreased their target price on shares of Willis Towers Watson Public from $365.00 to $345.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 14th. Mizuho decreased their target price on shares of Willis Towers Watson Public from $392.00 to $358.00 and set an "outperform" rating on the stock in a research note on Friday, February 27th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Willis Towers Watson Public in a research note on Monday, December 29th. UBS Group lifted their target price on shares of Willis Towers Watson Public from $398.00 to $409.00 and gave the stock a "buy" rating in a research note on Monday, February 9th. Finally, Truist Financial lifted their price target on shares of Willis Towers Watson Public from $380.00 to $400.00 and gave the company a "buy" rating in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Willis Towers Watson Public currently has a consensus rating of "Moderate Buy" and a consensus target price of $369.71.

Willis Towers Watson Public Trading Up 1.7%

Shares of NASDAQ WTW traded up $4.89 during mid-day trading on Wednesday, hitting $290.13. The stock had a trading volume of 215,738 shares, compared to its average volume of 752,643. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.21 and a current ratio of 2.21. Willis Towers Watson Public has a 1 year low of $275.60 and a 1 year high of $352.79. The business has a 50 day moving average price of $297.75 and a two-hundred day moving average price of $317.61. The firm has a market cap of $27.33 billion, a P/E ratio of 17.71, a price-to-earnings-growth ratio of 1.29 and a beta of 0.62.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $8.12 EPS for the quarter, topping the consensus estimate of $7.93 by $0.19. Willis Towers Watson Public had a net margin of 16.53% and a return on equity of 20.91%. The company had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same period in the previous year, the firm earned $8.13 earnings per share. The firm's revenue for the quarter was down 3.3% on a year-over-year basis. On average, equities analysts anticipate that Willis Towers Watson Public will post 17.32 EPS for the current fiscal year.

Institutional Trading of Willis Towers Watson Public

Hedge funds have recently modified their holdings of the business. Alpine Bank Wealth Management bought a new stake in shares of Willis Towers Watson Public during the 3rd quarter valued at $25,000. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Willis Towers Watson Public by 375.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 76 shares of the company's stock valued at $25,000 after buying an additional 60 shares in the last quarter. Fideuram Asset Management Ireland dac bought a new position in Willis Towers Watson Public in the 4th quarter worth about $28,000. SOA Wealth Advisors LLC. boosted its stake in Willis Towers Watson Public by 8,200.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company's stock worth $29,000 after purchasing an additional 82 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in Willis Towers Watson Public by 72.5% in the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company's stock worth $29,000 after purchasing an additional 37 shares in the last quarter. Institutional investors own 93.09% of the company's stock.

About Willis Towers Watson Public

Willis Towers Watson Public NASDAQ: WTW is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and cultivate talent. The firm combines insurance brokerage and risk management capabilities with human capital and benefits consulting, actuarial and analytics services, and technology-enabled solutions. Willis Towers Watson serves a broad client base that includes multinational and mid-sized corporations, public sector organizations, insurers and investment managers.

The company's core activities encompass commercial and reinsurance brokerage, risk transfer and risk-financing advice, and claims advocacy, alongside employee benefits and retirement consulting.

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