Barclays has increased its price target for Willis Towers Watson (WTW, Financial) to $316, up from the previous target of $302. Despite this adjustment, the firm maintains an Underweight rating on the company’s shares. This update comes as part of a preview of WTW's upcoming first-quarter earnings.
Barclays' analysis suggests that while WTW continues to face challenges in its life earnings segment, the company may benefit from strengths in group benefits and its substantial excess capital. In addition, the firm's cash flows are considered attractively priced, according to Barclays.
Barclays also notes that the broader insurance sector is dealing with significant uncertainty, which influences its cautious outlook despite the upward adjustment in the price target for WTW.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Willis Towers Watson PLC (WTW, Financial) is $366.91 with a high estimate of $408.00 and a low estimate of $315.00. The average target implies an upside of 15.94% from the current price of $316.48. More detailed estimate data can be found on the Willis Towers Watson PLC (WTW) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Willis Towers Watson PLC's (WTW, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Willis Towers Watson PLC (WTW, Financial) in one year is $292.55, suggesting a downside of 7.56% from the current price of $316.48. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Willis Towers Watson PLC (WTW) Summary page.
