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Research Alert: CFRA Keeps Buy Opinion On Shares Of Willis Towers Watson

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target price by $80 to $300, valuing WTW at 13.5x our '27 adjusted EPS estimate of $22.20 (lowered by $0.20), and at 15.4x our '26 EPS estimate of $19.52 (trimmed by $0.18), versus its one-year avg. forward multiple of 17x and disparate peer group average of 15x. WTW posted Q1 2026 EPS of $3.72 vs. $3.13 in the prior year, beating the $3.65 consensus but missing our $3.85 estimate, though the results reflected continued turnaround progress. Revenue rose 8% to $2.4B, with 3% organic growth demonstrating solid business momentum despite macroeconomic headwinds, while adjusted operating margin expanded 70 bps to 22.3%, reflecting transformation program benefits and disciplined expense management. We are encouraged by the results and WTW's operational discipline, though more competitive conditions may crimp organic revenue growth. We see the current AI-driven fears as overdone. Currently trading at 13x our '26 EPS estimate, a discount to peer and historical averages, we view WTW as undervalued.

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