Willis Group Receives a Hold from Wells Fargo


In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Willis Group (NYSE: WLTW), with a price target of $154. The company’s shares closed on Friday at $148.91.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 3.7% and a 51.4% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and Marsh & Mclennan Companies.

Willis Group has an analyst consensus of Moderate Buy, with a price target consensus of $175.88.

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Based on Willis Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.08 billion and net profit of $245 million. In comparison, last year the company earned revenue of $2.3 billion and had a net profit of $344 million.

Based on the recent corporate insider activity of 85 insiders, corporate insider sentiment is negative on the stock.

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Willis Towers Watson Plc engages in the provision of advisory, broking, and solutions services. It operates through the following segments: Human Capital and Benefits; Corporate Risk and Broking; Investment, Risk and Reinsurance; and Benefits Delivery and Administration.

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