Willis Towers Watson Public (NASDAQ:WTW) Price Target Lowered to $358.00 at Mizuho

Willis Towers Watson Public (NASDAQ:WTW) had its price objective dropped by equities research analysts at Mizuho from $392.00 to $358.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Mizuho’s price objective would suggest a potential upside of 16.12% from the stock’s previous close.

Several other equities research analysts have also issued reports on the company. Citigroup raised their target price on Willis Towers Watson Public from $351.00 to $366.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. UBS Group increased their price target on shares of Willis Towers Watson Public from $398.00 to $409.00 and gave the company a “buy” rating in a research report on Monday, February 9th. TD Cowen decreased their price objective on shares of Willis Towers Watson Public from $408.00 to $391.00 and set a “buy” rating for the company in a report on Monday, November 10th. Truist Financial lifted their price objective on shares of Willis Towers Watson Public from $380.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Wells Fargo & Company boosted their target price on shares of Willis Towers Watson Public from $366.00 to $379.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $371.50.

Willis Towers Watson Public Trading Up 3.9%

NASDAQ:WTW opened at $308.29 on Friday. Willis Towers Watson Public has a 52 week low of $275.60 and a 52 week high of $352.79. The firm has a 50-day moving average price of $318.31 and a two-hundred day moving average price of $325.54. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.69 and a current ratio of 2.21. The firm has a market cap of $29.52 billion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 1.34 and a beta of 0.62.

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

Institutional Trading of Willis Towers Watson Public

Several hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC grew its stake in Willis Towers Watson Public by 4.7% in the 4th quarter. Brighton Jones LLC now owns 1,368 shares of the company’s stock valued at $429,000 after buying an additional 61 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Willis Towers Watson Public by 7.6% during the first quarter. NewEdge Advisors LLC now owns 2,588 shares of the company’s stock worth $875,000 after acquiring an additional 182 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Willis Towers Watson Public by 16.9% in the first quarter. Empowered Funds LLC now owns 2,400 shares of the company’s stock worth $811,000 after acquiring an additional 347 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Willis Towers Watson Public by 38.6% in the first quarter. Geneos Wealth Management Inc. now owns 140 shares of the company’s stock valued at $47,000 after purchasing an additional 39 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC grew its position in shares of Willis Towers Watson Public by 56.0% in the second quarter. Focus Partners Advisor Solutions LLC now owns 1,139 shares of the company’s stock valued at $349,000 after purchasing an additional 409 shares in the last quarter. 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.