Citigroup Maintains Willis Towers Watson PLC to Buy with Price Target $140.00

Brokerage firm Citigroup Maintains its rating on Willis Towers Watson PLC(NASDAQ:WLTW). In a research note issued to the investors, the brokerage major Lowers the price-target to $140.00 per share. The shares have been rated Buy. The rating by Citigroup was issued on Aug 9, 2016.

In a different note, On Aug 8, 2016, Jefferies said it Maintains its rating on Willis Towers Watson PLC. In the research note, the firm Lowers the price-target to $147.00 per share. The shares have been rated ‘Buy’ by the firm. On Jun 24, 2016, Janney Capital said it Downgrades its rating on Willis Towers Watson PLC. The shares have been rated ‘Neutral’ by the firm.

Willis Towers Watson PLC has also declared a cash dividend of $0.4800 on Jul 22, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed on Sep 30, 2016. The dividend payable date has been fixed on Oct 17, 2016.

Willis Towers Watson PLC(WLTW) last announced its earnings results on Aug 5, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.98B. Analysts had an estimated revenue of $1.99B. Earnings per share were $1.66. Analysts had estimated an EPS of $1.65.

Several Insider Transactions has been reported to the SEC. On May 18, 2016, Adam Garrard (Head of International) sold 7,989 shares at $124.28 per share price.Also, On May 13, 2016, Dominic Casserley (President and Deputy CEO) sold 1,781 shares at $125.50 per share price.On May 12, 2016, Wilhelm Zeller (director) sold 5,000 shares at $123.11 per share price, according to the Form-4 filing with the securities and exchange commission.

Willis Towers Watson Public Limited Company is a global advisory broking and solutions company. The Company offers services to its clients in approximately four business segments such as corporate risk and broking exchange solutions human capital and benefits and investment risk and reinsurance. The Company serves various mid-market and smaller businesses around the world. The Company offers its services in approximately 120 countries.

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