Willis Towers Watson Public Limited Company (NASDAQ:WLTW) Price Target Raised to $174.00 at Barclays PLC

Willis Towers Watson Public Limited Company (NASDAQ:WLTW) had its target price lifted by equities researchers at Barclays PLC from $171.00 to $174.00 in a note issued to investors on Monday, October 16th. The brokerage currently has an “overweight” rating on the financial services provider’s stock. Barclays PLC’s price target points to a potential upside of 7.66% from the company’s previous close.

A number of other research analysts have also commented on the company. Robert W. Baird reissued a “buy” rating and set a $167.00 price objective on shares of Willis Towers Watson Public Limited in a report on Tuesday, September 12th. Deutsche Bank AG reaffirmed a “sell” rating and issued a $121.00 target price on shares of Willis Towers Watson Public Limited in a report on Monday, July 10th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $164.00 target price on shares of Willis Towers Watson Public Limited in a report on Thursday, October 12th. Stifel Nicolaus reissued 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, SunTrust Banks, Inc. reissued a “buy” rating and set a $182.00 price objective on shares of Willis Towers Watson Public Limited in a report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. Willis Towers Watson Public Limited presently has a consensus rating of “Buy” and a consensus price target of $158.07.

Shares of Willis Towers Watson Public Limited (NASDAQ WLTW) opened at 161.62 on Monday. Willis Towers Watson Public Limited has a one year low of $112.76 and a one year high of $164.58. The company has a 50-day moving average of $155.35 and a 200 day moving average of $146.92. The firm has a market cap of $21.70 billion, a PE ratio of 45.75 and a beta of 0.95.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last issued its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing the Zacks’ consensus estimate of $1.48 by ($0.03). The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. The business’s revenue was up .2% on a year-over-year basis. During the same period in the prior year, the company posted $1.66 EPS. On average, equities research analysts expect that Willis Towers Watson Public Limited will post $8.43 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another website, it was illegally stolen and reposted in violation of United States and international trademark and copyright laws. The legal version of this report can be read at https://www.dispatchtribunal.com/2017/10/28/willis-towers-watson-public-limited-company-wltw-price-target-raised-to-174-00.html.

In other news, insider Jeffrey W. Ubben sold 287,532 shares of the business’s stock in a transaction dated Friday, October 13th. The stock was sold at an average price of $156.74, for a total value of $45,067,765.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jeffrey W. Ubben sold 103,578 shares of the business’s stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $156.36, for a total value of $16,195,456.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,845,295 shares of company stock valued at $728,949,063. Insiders own 6.70% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Crossmark Global Holdings Inc. bought a new stake in shares of Willis Towers Watson Public Limited in the third quarter valued at about $1,617,000. Aperio Group LLC raised its holdings in Willis Towers Watson Public Limited by 17.2% during the third quarter. Aperio Group LLC now owns 20,826 shares of the financial services provider’s stock worth $3,212,000 after acquiring an additional 3,051 shares in the last quarter. First Trust Advisors LP bought a new stake in Willis Towers Watson Public Limited during the third quarter worth about $4,228,000. Oakbrook Investments LLC bought a new stake in Willis Towers Watson Public Limited during the third quarter worth about $875,000. Finally, PGGM Investments bought a new stake in Willis Towers Watson Public Limited during the third quarter worth about $28,936,000. Institutional investors own 94.28% of the company’s stock.

Willis Towers Watson Public Limited Company Profile

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.

Leave a Reply