Willis Towers Watson Public (NASDAQ:WTW) Stock Price Target Cut by UBS Group

Willis Towers Watson Public (NASDAQ:WTW) had its price target decreased by research analysts at UBS Group from $398.00 to $395.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group‘s price objective would indicate a potential upside of 21.35% from the stock’s current price.

A number of other brokerages also recently commented on WTW. Mizuho set a $370.00 price objective on shares of Willis Towers Watson Public in a research note on Monday. Morgan Stanley dropped their target price on Willis Towers Watson Public from $350.00 to $310.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 6th. Cantor Fitzgerald lifted their price target on Willis Towers Watson Public from $344.00 to $380.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Barclays lifted their price target on Willis Towers Watson Public from $303.00 to $332.00 and gave the company an “equal weight” rating in a report on Wednesday, October 7th. Finally, The Goldman Sachs Group boosted their price target on Willis Towers Watson Public from $316.00 to $385.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $365.33.

Willis Towers Watson Public Stock Up 0.3%

NASDAQ WTW traded up $1.09 during trading on Monday, reaching $325.51. 1,022,366 shares of the company’s stock traded hands, compared to its average volume of 678,570. Willis Towers Watson Public has a 12-month low of $240.61 and a 12-month high of $351.51. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.62 and a quick ratio of 1.62. The firm has a market cap of $30.02 billion, a price-to-earnings ratio of 19.86, a price-to-earnings-growth ratio of 0.94 and a beta of 0.44. The company’s 50 day simple moving average is $315.00 and its two-hundred day simple moving average is $297.35.

Willis Towers Watson Public (NASDAQ:WTW) last announced its quarterly earnings results on Thursday, October 29th. The company reported $3.63 earnings per share for the quarter, topping the consensus estimate of $3.59 by $0.04. Willis Towers Watson Public had a net margin of 15.22% and a return on equity of 22.65%. The firm had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.45 billion. During the same quarter in the prior year, the company earned $3.07 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Willis Towers Watson Public will post 19.78 EPS for the current fiscal year.

Institutional Investors Weigh In On Willis Towers Watson Public

Institutional investors have recently bought and sold shares of the company. Cedar Mountain Advisors LLC acquired a new position in shares of Willis Towers Watson Public during the first quarter worth $27,000. Trust Co. of Vermont purchased a new stake in shares of Willis Towers Watson Public during the 2nd quarter valued at $25,000. Western Wealth Management LLC acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter worth $30,000. Virginia Estate & Retirement Planning Advisors Inc. acquired a new stake in shares of Willis Towers Watson Public in the 3rd quarter worth $31,000. Finally, Raiffeisen Bank International AG boosted its position in shares of Willis Towers Watson Public by 37.8% in the 2nd quarter. Raiffeisen Bank International AG now owns 124 shares of the company’s stock worth $33,000 after purchasing an additional 34 shares in the last quarter. 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 (NASDAQ: WTW) is a global advisory, broking and solutions company that helps organizations manage risk, optimize benefits and improve performance. Its clients include corporations, governments, institutions and individuals across a range of industries and markets.

The company’s services include insurance brokerage and risk management, reinsurance, employee benefits consulting, retirement and investment advisory, and human capital and organizational consulting.