Barclays raised the firm’s price target on WTW (WTW) to $316 from $302 and keeps an Underweight rating on the shares as part of a Q1 earnings preview for the insurance group. With life earnings facing challenges Barclays favors group benefits, excess capital, and “cheap” cash flows, the analyst tells investors in a research note. The firm says the sector is “navigating uncertainty.”
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Read More on WTW:
- WTW price target lowered to $315 from $320 at Morgan Stanley
- Willis names Dom Spinelli as head of transactional insurance claims, N. America
- WTW price target lowered to $371 from $387 at Keefe Bruyette
- WTW acquires Global Commercial Credit, terms no disclosed
- WTW’s Willis has announced it is now offering AdWrap
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