Willis Group (WLTW) Receives a Hold from Wells Fargo


In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Willis Group (WLTW), with a price target of $164. The company’s shares closed yesterday at $184.34, close to its 52-week high of $187.91.

Greenspan observed:

“We do not anticipate Willis to repurchase shares in 2019, which was what they relayed to the street following announcing the TRANZACT acquisition.”

According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 4.9% and a 63.5% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and AXA Equitable Holdings Inc.

Currently, the analyst consensus on Willis Group is a Strong Buy with an average price target of $191.38.

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The company has a one-year high of $187.91 and a one-year low of $134.50. Currently, Willis Group has an average volume of 709.3K.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, Todd Jones, the Head- Corporate Risk & Broking of WLTW sold 3,856 shares for a total of $659,877.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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