Willis Towers Watson (WLTW): Investor Day Should Be A Catalyst - Jefferies

September 20, 2016 7:27 AM EDT
Get Alerts WLTW Hot Sheet
Price: $126.17 +0.67%

Rating Summary:
    4 Buy, 1 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 54
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Jefferies analyst, David Styblo, reiterated his Buy rating on Willis Towers Watson (NASDAQ: WLTW) along with his price target of $140 ahead of the 9/29 Investor Day.

The analyst believes that growth expectations are low and already discounted into the stock price. He does not anticipate growth accelerating in 2H16 but he does expect to hear color on other EPS levers, including cost saving initiatives and buybacks. This should allow investors to build a 2016-18 EPS bridge that would provide meaningful upside to consensus' 2018 EPS.

For an analyst ratings summary and ratings history on Willis Towers Watson click here. For more ratings news on Willis Towers Watson click here.

Shares of Willis Towers Watson closed at $124.68 yesterday.

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