Willis Towers Watson Public (NASDAQ:WTW) Stock Price Target Cut by Robert W. Baird

Willis Towers Watson Public (NASDAQ:WTW) had its price objective decreased by analysts at Robert W. Baird from $385.00 to $383.00 in a research report issued to clients and investors on Friday. Robert W. Baird‘s target price would suggest a potential upside of 17.66% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. TD Cowen lifted their price objective on Willis Towers Watson Public from $391.00 to $455.00 and gave the company a “buy” rating in a report on Thursday, August 20th. UBS Group lowered their price target on Willis Towers Watson Public from $398.00 to $395.00 and set a “buy” rating for the company in a report on Monday. Weiss Ratings upgraded Willis Towers Watson Public from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. Morgan Stanley reduced their target price on shares of 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. Finally, Barclays increased their price target on shares of Willis Towers Watson Public from $303.00 to $332.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $369.94.

Willis Towers Watson Public Price Performance

Shares of WTW stock traded up $1.09 during mid-day trading on Friday, hitting $325.51. 1,022,366 shares of the stock were exchanged, compared to its average volume of 678,570. The company has a market cap of $30.02 billion, a PE ratio of 19.86, a price-to-earnings-growth ratio of 0.94 and a beta of 0.44. Willis Towers Watson Public has a 52-week low of $240.61 and a 52-week high of $351.51. The firm has a fifty day moving average of $315.00 and a 200 day moving average of $297.35. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.74.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, October 29th. The company reported $3.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.59 by $0.04. Willis Towers Watson Public had a return on equity of 22.65% and a net margin of 15.22%. The business had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.45 billion. During the same period in the prior year, the business earned $3.07 earnings per share. The business’s revenue was up 7.5% compared to the same quarter last year. Research analysts anticipate that Willis Towers Watson Public will post 19.78 earnings per share for the current year.

Institutional Investors Weigh In On Willis Towers Watson Public

Institutional investors have recently bought and sold shares of the business. Trust Co. of Vermont acquired a new stake in Willis Towers Watson Public in the 2nd quarter valued at $25,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Willis Towers Watson Public in the 1st quarter valued at $27,000. Western Wealth Management LLC bought a new stake in shares of Willis Towers Watson Public during the 1st quarter valued at $30,000. Virginia Estate & Retirement Planning Advisors Inc. acquired a new stake in Willis Towers Watson Public in the third quarter worth $31,000. Finally, Raiffeisen Bank International AG lifted its holdings in shares of Willis Towers Watson Public by 37.8% during the 2nd quarter. Raiffeisen Bank International AG now owns 124 shares of the company’s stock valued at $33,000 after purchasing an additional 34 shares in the last quarter. Institutional investors and hedge funds own 93.09% of the company’s stock.

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.