Willis Group Holdings PLC Rating Increased to Outperform at Macquarie (WSH)

By admin | 6 years ago

Willis Group Holdings PLC (NYSE: WSH) was upgraded by equities researchers at Macquarie from a “neutral” rating to an “outperform” rating in a report issued on Friday.

Willis Group Holdings PLC traded up 0.17% on Friday, hitting $35.39. Willis Group Holdings PLC has a 52-week low of $33.04 and a 52-week high of $42.42. The company has a market cap of $6.147 billion and a price-to-earnings ratio of 15.79.

Willis Group Holdings PLC last posted its quarterly earnings results on Thursday, April 26th. The company reported $1.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.27 by $0.05. Willis Group Holdings PLC’s revenue was up .6% compared to the same quarter last year. Analysts expect that Willis Group Holdings PLC will post $0.37 EPS next quarter.

A number of other analysts have also recently weighed in on WSH. Analysts at Zacks upgraded shares of Willis Group Holdings PLC from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, May 16th. They now have a $37.00 price target on the stock. Separately, analysts at Deutsche Bank (NYSE: DB) cut their price target on shares of Willis Group Holdings PLC from $39.00 to $38.00 in a research note to investors on Tuesday, May 1st. They now have a “hold” rating on the stock. Finally, analysts at Citigroup (NYSE: C) downgraded shares of Willis Group Holdings PLC from a “buy” rating to a “neutral” rating in a research note to investors on Monday, April 30th.

Willis Group Holdings Public Limited Company (Willis Group Holdings) is a holding company. The Company provides a range of insurance brokerage, reinsurance and risk management consulting services to its clients globally.

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