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WLTW

Willis Towers Watson

$155.25

0.55 (0.36%)

, HRTG

Heritage Insurance

$14.31

0.26 (1.85%)

07:22
10/06/17
10/06
07:22
10/06/17
07:22

Willis Towers Watson to benefit from post-hurricane pricing, says SunTrust

SunTrust analyst Mark Hughes raised his price target on Willis Towers Watson (WLTW) to $182 from $175 following investor meetings, citing greater confidence in improved free-cash-flow conversion, stable post-hurricane premium growth, and strong management execution. Hughes notes that the Investment, Risk & Reinsurance segment stands to benefit from higher reinsurance pricing in the wake of recent storms, adding that his discussions with Heritage Insurance (HRTG) suggest that reinsurance rates in Florida could rise up to 10-15%. Hughes maintains his Buy rating on Willis.

WLTW

Willis Towers Watson

$155.25

0.55 (0.36%)

HRTG

Heritage Insurance

$14.31

0.26 (1.85%)

  • 07

    Nov

WLTW Willis Towers Watson
$155.25

0.55 (0.36%)

02/13/17
SBSH
02/13/17
NO CHANGE
Target $156
SBSH
Buy
Citi views $156 target on Willis Towers Watson as conservative
Citi analyst James Naklicki expects Willis Towers Watson to earn $10 per share in 2018. Using the stock's current multiple, which is a 21% discount to the median of its historical valuation, gets a stock price of $153, without dividends, Naklicki told investors Friday in a research note. He expects the valuation gap to narrow as Willis executes towards its 2018 earnings goal, making him think his $156 price target looks conservative. The analyst keeps a Buy rating on Willis Towers Watson.
04/24/17
WELS
04/24/17
NO CHANGE
WELS
Insurance brokers unlikely to be badly hurt by U.K. probe, says Wells Fargo
After the U.K. announced a probe of insurance placements in the aviation industry and insurance brokers Aon plc (AON), Marsh & McLennan (MMC), and Willis Towers Watson (WLTW) all dropped more than the market Friday, Wells Fargo does not expect the probe to significantly hurt any of the companies' results, since it does not focus on compensation practices. The firm thinks that the most likely outcome of the probe is "manageable fines" and some changes in business practices.
05/08/17
BARD
05/08/17
NO CHANGE
Target $157
BARD
Outperform
Willis Towers Watson price target raised to $157 from $143 at Baird
Baird analyst Mark Marcon raised his price target on Willis Towers Watson to $157 from $143 following better than expected Q1 results. The analyst said thee of the four business segments posted better than expected results with solid headline profitability. He believes the underlying profitability was even better and said the company continues to make steady progress on integration opportunities and still sees multiple levers to drive earnings growth. Marcon reiterated his Outperform rating on Willis Towers Watson shares.
07/10/17
DBAB
07/10/17
NO CHANGE
Target $121
DBAB
Sell
Willis Towers Watson valuation has 'material downside,' says Deutsche Bank
Deutsche Bank analyst Joshua Shanker says his closer look into Willis Towers Watson's Q1 results suggests that the company "borrowed" both organic revenue growth and margin from Q2. He expects Willis' Q2 will be "particularly weak fundamentally." The analyst sees "material downside" from the current valuation and keeps a Sell rating on the shares with a $121 price target.
HRTG Heritage Insurance
$14.31

0.26 (1.85%)

09/26/17
RHCO
09/26/17
NO CHANGE
RHCO
Heritage Insurance valuation 'compelling,' says SunTrust
SunTrust analyst Mark Hughes says that Hurricane Irma shows that Heritage's business model is "favorable," while the company's business model is "particularly compelling." The analyst expects the company's losses from Irma to be limited by the high deductibles of its policies, and he expects its construction business to benefit from the storm. The analyst lowered his 2017 EPS estimate for the company to 69c from $1.10 due to its losses form Irma but raised his 2018 EPS outlook to $2.25 from $1.45 to reflect its acquisition of Narragansett Bay. The analyst keeps an $18 price target and a Buy rating on Heritage.

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