Willis Towers Watson Public (NASDAQ:WTW) Price Target Increased to $317.00 by Analysts at Keefe, Bruyette & Woods

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) had its price target lifted by research analysts at Keefe, Bruyette & Woods from $307.00 to $317.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Keefe, Bruyette & Woods' price objective indicates a potential upside of 20.15% from the stock's previous close.

Several other brokerages also recently issued reports on WTW. BMO Capital Markets raised shares of Willis Towers Watson Public from an "underperform" rating to a "market perform" rating and increased their price objective for the stock from $236.00 to $298.00 in a research report on Monday, February 12th. Stifel Nicolaus increased their price objective on shares of 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. Raymond James reissued an "outperform" rating and set a $315.00 price objective (up previously from $295.00) on shares of Willis Towers Watson Public in a research report on Thursday, March 28th. Citigroup raised shares of Willis Towers Watson Public from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $236.00 to $315.00 in a research report on Monday, February 12th. Finally, TD Cowen initiated coverage on shares of Willis Towers Watson Public in a research report on Wednesday, January 10th. They set an "outperform" rating and a $316.00 price objective for the company. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $290.69.

Willis Towers Watson Public Trading Down 0.5 %

NASDAQ:WTW traded down $1.27 during trading hours on Wednesday, hitting $263.83. The stock had a trading volume of 335,997 shares, compared to its average volume of 459,745. Willis Towers Watson Public has a one year low of $195.29 and a one year high of $278.86. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market cap of $26.98 billion, a price-to-earnings ratio of 26.33, a P/E/G ratio of 1.52 and a beta of 0.73. The business's 50 day moving average is $271.54 and its 200-day moving average is $247.16.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last issued its earnings results on Tuesday, February 6th. The company reported $7.44 EPS for the quarter, beating the consensus estimate of $7.05 by $0.39. Willis Towers Watson Public had a net margin of 11.12% and a return on equity of 15.70%. The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.91 billion. During the same quarter in the prior year, the firm earned $6.33 earnings per share. The business's quarterly revenue was up 7.1% on a year-over-year basis. Sell-side analysts anticipate that Willis Towers Watson Public will post 16.24 EPS for the current fiscal year.

Insider Activity at Willis Towers Watson Public

In related news, CFO Andrew Jay Krasner sold 1,100 shares of Willis Towers Watson Public stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $272.13, for a total transaction of $299,343.00. Following the sale, the chief financial officer now directly owns 4,170 shares in the company, valued at approximately $1,134,782.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.25% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Willis Towers Watson Public

Several hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter worth approximately $1,713,000. Macquarie Group Ltd. acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter worth approximately $1,203,000. AQR Capital Management LLC acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter worth approximately $2,942,000. Prudential Financial Inc. acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter worth approximately $18,677,000. Finally, Price T Rowe Associates Inc. MD acquired a new position in shares of Willis Towers Watson Public in the 2nd quarter worth approximately $29,367,000. 93.09% of the stock is currently owned by institutional investors and hedge funds.

About Willis Towers Watson Public

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.