Willis Towers Watson (NASDAQ:WLTW) PT Set at $235.00 by Barclays

Share on StockTwits

Willis Towers Watson (NASDAQ:WLTW) has been given a $235.00 target price by stock analysts at Barclays in a note issued to investors on Monday, TipRanks reports. The firm presently has a “buy” rating on the financial services provider’s stock. Barclays‘s price objective suggests a potential upside of 23.46% from the stock’s current price.

Several other equities research analysts also recently weighed in on WLTW. UBS Group increased their target price on shares of Willis Towers Watson from $202.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Wells Fargo & Co reiterated a “buy” rating and set a $220.00 target price on shares of Willis Towers Watson in a research note on Wednesday, July 31st. Raymond James reiterated a “strong-buy” rating and set a $200.00 target price on shares of Willis Towers Watson in a research note on Monday, May 6th. ValuEngine downgraded shares of Willis Towers Watson from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, Morgan Stanley increased their target price on shares of Willis Towers Watson from $208.00 to $215.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. Willis Towers Watson currently has a consensus rating of “Buy” and an average price target of $201.83.

NASDAQ:WLTW traded down $4.66 during trading hours on Monday, hitting $190.34. The company’s stock had a trading volume of 1,011,366 shares, compared to its average volume of 625,079. The company has a market capitalization of $25.44 billion, a PE ratio of 19.68, a P/E/G ratio of 1.71 and a beta of 0.82. The company has a fifty day simple moving average of $195.43. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.83 and a quick ratio of 1.83. Willis Towers Watson has a 52-week low of $134.50 and a 52-week high of $200.93.

Willis Towers Watson (NASDAQ:WLTW) last issued its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.02. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.06 billion. Willis Towers Watson had a return on equity of 13.00% and a net margin of 9.86%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.70 earnings per share. As a group, analysts predict that Willis Towers Watson will post 10.93 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Northern Trust Corp grew its stake in Willis Towers Watson by 0.3% in the 1st quarter. Northern Trust Corp now owns 1,463,372 shares of the financial services provider’s stock worth $257,041,000 after acquiring an additional 4,045 shares during the period. Raymond James Trust N.A. grew its stake in shares of Willis Towers Watson by 5.0% during the 2nd quarter. Raymond James Trust N.A. now owns 4,906 shares of the financial services provider’s stock valued at $940,000 after buying an additional 235 shares during the period. FMR LLC grew its stake in shares of Willis Towers Watson by 12.3% during the 1st quarter. FMR LLC now owns 2,517,708 shares of the financial services provider’s stock valued at $442,236,000 after buying an additional 276,226 shares during the period. US Bancorp DE grew its stake in shares of Willis Towers Watson by 105.9% during the 1st quarter. US Bancorp DE now owns 34,908 shares of the financial services provider’s stock valued at $6,131,000 after buying an additional 17,957 shares during the period. Finally, California Public Employees Retirement System grew its stake in shares of Willis Towers Watson by 19.4% during the 1st quarter. California Public Employees Retirement System now owns 531,634 shares of the financial services provider’s stock valued at $93,382,000 after buying an additional 86,484 shares during the period. 92.04% of the stock is owned by institutional investors and hedge funds.

About Willis Towers Watson

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

Further Reading: Capital gains and your 401(k) or IRA

Analyst Recommendations for Willis Towers Watson (NASDAQ:WLTW)

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