Cantor Fitzgerald Lowers Willis Towers Watson Public (NASDAQ:WTW) Price Target to $354.00

Willis Towers Watson Public (NASDAQ:WTW) had its price objective decreased by analysts at Cantor Fitzgerald from $363.00 to $354.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 22.21% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. Evercore raised their target price on Willis Towers Watson Public from $383.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Barclays decreased their target price on Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Willis Towers Watson Public in a research report on Monday, December 29th. Morgan Stanley decreased their target price on Willis Towers Watson Public from $330.00 to $320.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, UBS Group raised their target price on 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Willis Towers Watson Public currently has an average rating of “Moderate Buy” and an average target price of $370.36.

Willis Towers Watson Public Price Performance

WTW traded down $1.16 during trading on Thursday, hitting $289.66. The company’s stock had a trading volume of 28,548 shares, compared to its average volume of 746,913. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.71. Willis Towers Watson Public has a twelve month low of $275.60 and a twelve month high of $352.79. The business’s fifty day simple moving average is $297.28 and its 200 day simple moving average is $317.42. The firm has a market capitalization of $27.29 billion, a price-to-earnings ratio of 17.66, a P/E/G ratio of 1.29 and a beta of 0.62.

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

Institutional Investors Weigh In On Willis Towers Watson Public

A number of institutional investors have recently modified their holdings of WTW. Alpine Bank Wealth Management acquired a new stake in shares of Willis Towers Watson Public in the third quarter valued at $25,000. Bartlett & CO. Wealth Management LLC grew its stake in shares of Willis Towers Watson Public by 375.0% in the fourth 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 acquired a new stake in shares of Willis Towers Watson Public in the fourth quarter valued at $28,000. SOA Wealth Advisors LLC. grew its stake in shares of Willis Towers Watson Public by 8,200.0% in the third quarter. SOA Wealth Advisors LLC. now owns 83 shares of the company’s stock valued at $29,000 after buying an additional 82 shares in the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of Willis Towers Watson Public by 72.5% in the fourth quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock valued at $29,000 after buying an additional 37 shares in the last quarter. 93.09% of the stock is owned by institutional investors and hedge funds.

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.