Willis Towers Watson Public (NASDAQ:WTW) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Key Points

• Morgan Stanley raised Willis Towers Watson’s price target from $315 to $350 while maintaining an “equal weight” rating, implying 6.74% upside. Analysts overall have a “Moderate Buy” consensus with an average target of $365.38.
• WTW reported stronger-than-expected quarterly results, earning $3.35 per share versus the $3.12 estimate and generating $2.47 billion in revenue, up 9.1% year over year.
• Shares opened at $327.90, up 0.6%, with a market capitalization of approximately $30.45 billion; institutional investors own 93.09% of the stock.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) had its price objective hoisted by research analysts at Morgan Stanley from $315.00 to $350.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an "equal weight" rating on the stock. Morgan Stanley's price target suggests a potential upside of 6.74% from the company's current price.

A number of other analysts also recently issued reports on the company. UBS Group lifted their price objective on Willis Towers Watson Public from $382.00 to $405.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Weiss Ratings reiterated a "hold (c)" rating on shares of Willis Towers Watson Public in a research report on Wednesday, August 12th. Keefe, Bruyette & Woods raised their target price on shares of Willis Towers Watson Public from $381.00 to $394.00 and gave the company an "outperform" rating in a report on Tuesday, August 4th. Barclays reduced their price target on shares of Willis Towers Watson Public from $322.00 to $303.00 and set an "equal weight" rating on the stock in a research report on Tuesday, July 7th. Finally, Citigroup reaffirmed a "neutral" rating and set a $345.00 price target (up from $300.00) on shares of Willis Towers Watson Public in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Willis Towers Watson Public presently has a consensus rating of "Moderate Buy" and an average price target of $365.38.

Willis Towers Watson Public Trading Up 0.6%

Shares of Willis Towers Watson Public stock opened at $327.90 on Wednesday. Willis Towers Watson Public has a fifty-two week low of $240.61 and a fifty-two week high of $352.79. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market capitalization of $30.45 billion, a P/E ratio of 20.17, a P/E/G ratio of 0.95 and a beta of 0.42. The company has a fifty day moving average of $295.25 and a 200 day moving average of $287.81.

Willis Towers Watson Public (NASDAQ:WTW - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $3.35 EPS for the quarter, beating analysts' consensus estimates of $3.12 by $0.23. Willis Towers Watson Public had a return on equity of 22.19% and a net margin of 15.49%.The business had revenue of $2.47 billion for the quarter, compared to analysts' expectations of $2.42 billion. During the same period last year, the firm earned $2.86 earnings per share. The business's quarterly revenue was up 9.1% on a year-over-year basis. On average, sell-side analysts anticipate that Willis Towers Watson Public will post 19.77 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Willis Towers Watson Public

Institutional investors have recently made changes to their positions in the company. MV Capital Management Inc. bought a new position in Willis Towers Watson Public during the 4th quarter valued at about $29,000. Larson Financial Group LLC lifted its stake in Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company's stock worth $29,000 after purchasing an additional 37 shares during the last quarter. Fideuram Asset Management Ireland dac bought a new stake in Willis Towers Watson Public in the fourth quarter worth about $28,000. Cedar Mountain Advisors LLC purchased a new position in shares of Willis Towers Watson Public during the first quarter valued at approximately $27,000. Finally, Reflection Asset Management purchased a new position in shares of Willis Towers Watson Public during the fourth quarter valued at approximately $31,000. Institutional investors own 93.09% of the company's stock.

Willis Towers Watson Public Company Profile

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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