Willis Towers Watson PLC
WTW: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $773.00 | Dvqxdl | Mghrqnx |
Willis Towers Watson Is Getting Back on Track
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Business Strategy and Outlook
In January 2016, Towers Watson and Willis merged, creating a diversified brokerage and consulting firm with a mix similar to peers Aon and Marsh McLennan. While the combination is still significantly smaller than these industry leaders, the firms' record in pursuing this strategy suggested a favorable future, and results since the merger were fairly good. Over the long run, we think this combination sets up Willis Towers Watson to achieve moderate but stable growth and attractive profitability.