Willis Towers Watson Public Limited Company (NASDAQ:WLTW) had its price target cut by equities researchers at Citigroup Inc. from $174.00 to $173.00 in a research report issued on Monday. The brokerage presently has a “buy” rating on the financial services provider’s stock. Citigroup Inc.’s price objective would suggest a potential upside of 15.60% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $158.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 14th. Jefferies Group LLC reaffirmed a “buy” rating and set a $165.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, June 16th. UBS AG reaffirmed a “buy” rating and set a $163.00 price objective (up from $159.00) on shares of Willis Towers Watson Public Limited in a report on Monday, June 5th. Stifel Nicolaus reaffirmed a “buy” rating and set a $166.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, July 21st. Finally, Zacks Investment Research raised Willis Towers Watson Public Limited from a “sell” rating to a “hold” rating in a report on Monday, May 8th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $152.00.

Shares of Willis Towers Watson Public Limited (WLTW) opened at 149.66 on Monday. The stock has a market capitalization of $20.23 billion, a PE ratio of 39.36 and a beta of 0.93. Willis Towers Watson Public Limited has a 12 month low of $112.76 and a 12 month high of $151.02. The company’s 50 day moving average price is $147.25 and its 200 day moving average price is $136.37.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by $0.03. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. Willis Towers Watson Public Limited had a return on equity of 10.63% and a net margin of 4.75%. The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.66 earnings per share. Equities analysts anticipate that Willis Towers Watson Public Limited will post $8.46 earnings per share for the current fiscal year.

WARNING: “Willis Towers Watson Public Limited Company (WLTW) Price Target Cut to $173.00” was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & international copyright & trademark law. The correct version of this piece can be accessed at https://www.dailypolitical.com/2017/08/09/willis-towers-watson-public-limited-company-wltw-price-target-cut-to-173-00.html.

In other news, insider Jeffrey W. Ubben sold 445,000 shares of Willis Towers Watson Public Limited stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $145.03, for a total value of $64,538,350.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Nicolas Aubert sold 3,178 shares of Willis Towers Watson Public Limited stock in a transaction on Friday, May 26th. The shares were sold at an average price of $144.71, for a total value of $459,888.38. The disclosure for this sale can be found here. Insiders have sold 1,448,178 shares of company stock valued at $205,528,238 in the last three months. 6.70% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in the stock. Bank of Montreal Can increased its stake in shares of Willis Towers Watson Public Limited by 24.5% in the first quarter. Bank of Montreal Can now owns 295,402 shares of the financial services provider’s stock worth $38,664,000 after buying an additional 58,164 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Willis Towers Watson Public Limited by 363.6% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,550 shares of the financial services provider’s stock worth $1,774,000 after buying an additional 10,627 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Willis Towers Watson Public Limited by 6.2% in the first quarter. Oppenheimer & Co. Inc. now owns 5,811 shares of the financial services provider’s stock worth $761,000 after buying an additional 340 shares in the last quarter. LS Investment Advisors LLC increased its stake in shares of Willis Towers Watson Public Limited by 1.2% in the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock worth $936,000 after buying an additional 79 shares in the last quarter. Finally, Atria Investments LLC increased its stake in shares of Willis Towers Watson Public Limited by 1.0% in the first quarter. Atria Investments LLC now owns 4,805 shares of the financial services provider’s stock worth $629,000 after buying an additional 46 shares in the last quarter. 92.06% of the stock is owned by institutional investors and hedge funds.

About Willis Towers Watson Public Limited

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

Analyst Recommendations for Willis Towers Watson Public Limited (NASDAQ:WLTW)

Receive News & Ratings for Willis Towers Watson Public Limited Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson Public Limited Company and related companies with MarketBeat.com's FREE daily email newsletter.