Wells Fargo Reiterates a Sell Rating on Willis Group

By George MacDonald

In a report released today, Elyse Greenspan from Wells Fargo reiterated a Sell rating on Willis Group (NYSE: WLTW). The company’s shares opened today at $129.17, close to its 52-week high of $133.40.

According to TipRanks.com, Greenspan is a 2-star analyst with an average return of 2.6% and a 50.0% success rate. Greenspan covers the Financial sector, focusing on stocks such as Arthur J. Gallagher & Co., Arch Capital Group Ltd, and Hartford Financial.

Currently, the analyst consensus on Willis Group is Moderate Buy and the average price target is $137, representing a 6.1% upside.

In a report issued on September 28, J.P. Morgan also maintained a Sell rating on the stock with a $115 price target.

Willis Group`s market cap is currently $17.96B and has a P/E ratio of 36.00. The company has a book value ratio of 1.6253.

Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock.

Willis Towers Watson Plc provides advisory and broking solutions. It also provides exchange solutions, investment, risk and reinsurance services. The company was founded on January 4, 2016 and is headquartered in London, The United Kingdom.