Willis Group Holdings PLC Rating Lowered to Neutral at Citigroup (WSH)

By admin | 6 years ago

Willis Group Holdings PLC (NYSE: WSH) was downgraded by analysts at Citigroup (NYSE: C) from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday.

A number of other analysts have also recently weighed in on WSH. Analysts at Sterne Agee cut their price target on shares of Willis Group Holdings PLC from $40.00 to $37.00 in a research note to investors on Monday, February 27th. Separately, analysts at Sandler O’Neill downgraded shares of Willis Group Holdings PLC from a “buy” rating to a “hold” rating in a research note to investors on Friday, February 17th. Finally, analysts at Zacks reiterated an “underperform” rating on shares of Willis Group Holdings PLC in a research note to investors on Thursday, February 16th. They now have a $31.00 price target on the stock.

Shares of Willis Group Holdings PLC opened at 36.46 on Monday. Willis Group Holdings PLC has a one year low of $33.04 and a one year high of $42.42. The company has a market cap of $6.338 billion and a P/E ratio of 31.54.

The company last announced its quarterly results on Thursday, April 26th. It reported $1.32 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.27 EPS by $0.05. The company’s quarterly revenue was up .6% on a year-over-year basis. On average, analysts predict that Willis Group Holdings PLC will post $0.39 earnings per share next quarter.

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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