Mizuho Issues Pessimistic Forecast for Willis Towers Watson Public (NASDAQ:WTW) Stock Price

Willis Towers Watson Public (NASDAQ:WTW) had its price objective decreased by stock analysts at Mizuho from $353.00 to $338.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Mizuho’s price target indicates a potential upside of 30.14% from the stock’s current price.

A number of other equities analysts also recently issued reports on WTW. Truist Financial upgraded Willis Towers Watson Public to a “strong-buy” rating in a research report on Thursday, April 30th. Barclays decreased their target price on shares of Willis Towers Watson Public from $341.00 to $322.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. UBS Group lowered their price target on shares of Willis Towers Watson Public from $409.00 to $400.00 and set a “buy” rating for the company in a report on Monday. Cantor Fitzgerald dropped their price target on shares of Willis Towers Watson Public from $363.00 to $354.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, Wells Fargo & Company decreased their price objective on shares of Willis Towers Watson Public from $379.00 to $351.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Willis Towers Watson Public presently has an average rating of “Moderate Buy” and a consensus price target of $352.00.

Willis Towers Watson Public Stock Performance

Shares of Willis Towers Watson Public stock opened at $259.73 on Tuesday. The stock has a market cap of $24.47 billion, a price-to-earnings ratio of 15.10, a P/E/G ratio of 1.13 and a beta of 0.45. Willis Towers Watson Public has a twelve month low of $246.60 and a twelve month high of $352.79. The company’s fifty day moving average is $291.72 and its 200 day moving average is $311.18. The company has a quick ratio of 2.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.78.

Willis Towers Watson Public (NASDAQ:WTW) last announced its earnings results on Thursday, April 30th. The company reported $3.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.65 by $0.07. Willis Towers Watson Public had a return on equity of 21.52% and a net margin of 16.84%.The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period last year, the company earned $3.13 EPS. Willis Towers Watson Public’s revenue for the quarter was up 8.5% compared to the same quarter last year. Sell-side analysts forecast that Willis Towers Watson Public will post 19.5 EPS for the current year.

Institutional Investors Weigh In On Willis Towers Watson Public

Several hedge funds and other institutional investors have recently modified their holdings of the company. Dodge & Cox raised its position in shares of Willis Towers Watson Public by 90.7% during the fourth quarter. Dodge & Cox now owns 6,925,525 shares of the company’s stock worth $2,275,728,000 after purchasing an additional 3,293,334 shares during the period. Norges Bank bought a new position in shares of Willis Towers Watson Public in the 4th quarter worth $511,151,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Willis Towers Watson Public in the 4th quarter valued at $284,570,000. Bank of Montreal Can increased its stake in Willis Towers Watson Public by 657.3% during the 4th quarter. Bank of Montreal Can now owns 941,637 shares of the company’s stock valued at $309,422,000 after purchasing an additional 817,301 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its stake in Willis Towers Watson Public by 23.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,505,195 shares of the company’s stock valued at $1,151,808,000 after purchasing an additional 664,202 shares in the last quarter. Institutional investors own 93.09% of the company’s stock.

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.