Willis Towers Watson Public (NASDAQ:WTW) Given New $455.00 Price Target at TD Cowen

Willis Towers Watson Public (NASDAQ:WTW) had its target price increased by investment analysts at TD Cowen from $391.00 to $455.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen’s price target would suggest a potential upside of 34.04% from the company’s current price.

WTW has been the topic of a number of other reports. Morgan Stanley raised their target price on shares of Willis Towers Watson Public from $315.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Wednesday. The Goldman Sachs Group increased their price target on Willis Towers Watson Public from $316.00 to $385.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Wall Street Zen upgraded Willis Towers Watson Public from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Citigroup restated a “neutral” rating and issued a $345.00 target price (up from $300.00) on shares of Willis Towers Watson Public in a report on Monday, August 3rd. Finally, Truist Financial lifted their price target on Willis Towers Watson Public from $320.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $369.38.

Willis Towers Watson Public Price Performance

Shares of Willis Towers Watson Public stock traded up $3.98 during trading hours on Thursday, reaching $339.44. 62,189 shares of the company’s stock were exchanged, compared to its average volume of 723,140. The business has a fifty day moving average of $296.68 and a two-hundred day moving average of $287.95. The company has a market capitalization of $31.52 billion, a P/E ratio of 20.82, a price-to-earnings-growth ratio of 0.94 and a beta of 0.42. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.74. Willis Towers Watson Public has a 1 year low of $240.61 and a 1 year high of $352.79.

Willis Towers Watson Public (NASDAQ:WTW) last posted its quarterly earnings results on Thursday, July 30th. The company reported $3.35 earnings per share for the quarter, topping analysts’ consensus estimates of $3.12 by $0.23. Willis Towers Watson Public had a net margin of 15.49% and a return on equity of 22.19%. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same period in the previous year, the business posted $2.86 earnings per share. Willis Towers Watson Public’s quarterly revenue was up 9.1% on a year-over-year basis. As a group, research analysts predict that Willis Towers Watson Public will post 19.77 earnings per share for the current fiscal year.

Institutional Trading of Willis Towers Watson Public

Several institutional investors and hedge funds have recently bought and sold shares of WTW. Trust Co. of Vermont purchased a new position in Willis Towers Watson Public during the second quarter worth about $25,000. Cedar Mountain Advisors LLC acquired a new position in shares of Willis Towers Watson Public in the 1st quarter worth approximately $27,000. Fideuram Asset Management Ireland dac acquired a new position in shares of Willis Towers Watson Public in the 4th quarter worth approximately $28,000. Larson Financial Group LLC boosted its position in shares of Willis Towers Watson Public by 72.5% during the 4th quarter. Larson Financial Group LLC now owns 88 shares of the company’s stock worth $29,000 after purchasing an additional 37 shares during the period. Finally, MV Capital Management Inc. purchased a new stake in Willis Towers Watson Public in the fourth quarter valued at approximately $29,000. 93.09% of the stock is currently owned by hedge funds and other institutional investors.

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.