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Goldman Sachs Starts Willis Group (WSH) at Neutral; Likes LT, But Sees NT Uncertainty

October 12, 2012 7:22 AM EDT
Get Alerts WSH Hot Sheet
Price: $47.18 --0%

Rating Summary:
    10 Buy, 9 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on Willis Group (NYSE: WSH) with a Neutral. PT $39.00.

"We believe WSH is in the midst of a turnaround that could take several more quarters to fully materialize, and in the meantime WSH may experience some volatility in results."

Goldman said growth set to improve as headwinds subside, although they expect margin expansion to be delayed to 2013.

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

Shares of Willis Group closed at $36.52 yesterday.


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