Analysts Set Marsh & McLennan Companies, Inc. (NYSE:MMC) Price Target at $210.27

Shares of Marsh & McLennan Companies, Inc. (NYSE:MMCGet Free Report) have been given an average rating of “Hold” by the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $211.47.

Several research firms have issued reports on MMC. Morgan Stanley raised their price target on shares of Marsh & McLennan Companies from $205.00 to $210.00 and gave the stock an “equal weight” rating in a report on Monday, April 15th. Keefe, Bruyette & Woods raised their price target on shares of Marsh & McLennan Companies from $185.00 to $188.00 and gave the stock an “underperform” rating in a report on Wednesday, April 10th. Jefferies Financial Group lifted their price objective on shares of Marsh & McLennan Companies from $197.00 to $208.00 and gave the company a “hold” rating in a research note on Friday, April 19th. Evercore ISI boosted their target price on shares of Marsh & McLennan Companies from $212.00 to $218.00 and gave the company an “outperform” rating in a research report on Thursday, April 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Marsh & McLennan Companies from $190.00 to $198.00 and gave the company a “neutral” rating in a research report on Monday, April 8th.

Get Our Latest Stock Report on Marsh & McLennan Companies

Insiders Place Their Bets

In other Marsh & McLennan Companies news, SVP Paul Beswick sold 2,169 shares of the company’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $210.13, for a total transaction of $455,771.97. Following the transaction, the senior vice president now owns 13,030 shares in the company, valued at $2,737,993.90. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, SVP Paul Beswick sold 2,169 shares of the company’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $210.13, for a total value of $455,771.97. Following the completion of the sale, the senior vice president now owns 13,030 shares in the company, valued at approximately $2,737,993.90. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Oscar Fanjul sold 6,000 shares of the company’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $209.01, for a total transaction of $1,254,060.00. Following the completion of the sale, the director now owns 53,393 shares of the company’s stock, valued at approximately $11,159,670.93. The disclosure for this sale can be found here. Corporate insiders own 0.35% of the company’s stock.

Institutional Trading of Marsh & McLennan Companies

Several institutional investors have recently made changes to their positions in MMC. Westover Capital Advisors LLC raised its stake in shares of Marsh & McLennan Companies by 3.0% during the fourth quarter. Westover Capital Advisors LLC now owns 1,843 shares of the financial services provider’s stock worth $349,000 after acquiring an additional 53 shares in the last quarter. Evoke Wealth LLC grew its holdings in shares of Marsh & McLennan Companies by 4.4% in the fourth quarter. Evoke Wealth LLC now owns 1,258 shares of the financial services provider’s stock worth $238,000 after purchasing an additional 53 shares during the last quarter. RDA Financial Network grew its holdings in shares of Marsh & McLennan Companies by 3.1% in the first quarter. RDA Financial Network now owns 1,762 shares of the financial services provider’s stock worth $363,000 after purchasing an additional 53 shares during the last quarter. Optas LLC grew its holdings in shares of Marsh & McLennan Companies by 2.9% in the first quarter. Optas LLC now owns 1,880 shares of the financial services provider’s stock worth $387,000 after purchasing an additional 53 shares during the last quarter. Finally, Strategic Blueprint LLC grew its holdings in shares of Marsh & McLennan Companies by 1.6% in the first quarter. Strategic Blueprint LLC now owns 3,411 shares of the financial services provider’s stock worth $703,000 after purchasing an additional 54 shares during the last quarter. Institutional investors own 87.99% of the company’s stock.

Marsh & McLennan Companies Stock Up 0.4 %

NYSE:MMC opened at $212.90 on Thursday. The firm’s 50 day simple moving average is $207.25 and its 200 day simple moving average is $201.51. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.14 and a quick ratio of 1.14. Marsh & McLennan Companies has a one year low of $183.81 and a one year high of $216.89. The company has a market cap of $104.90 billion, a PE ratio of 27.02, a P/E/G ratio of 2.99 and a beta of 0.94.

Marsh & McLennan Companies (NYSE:MMCGet Free Report) last released its quarterly earnings results on Thursday, April 18th. The financial services provider reported $2.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.80 by $0.09. Marsh & McLennan Companies had a net margin of 16.84% and a return on equity of 34.14%. The firm had revenue of $6.50 billion during the quarter, compared to analyst estimates of $6.38 billion. During the same quarter last year, the business earned $2.53 EPS. The company’s revenue was up 9.7% compared to the same quarter last year. On average, research analysts anticipate that Marsh & McLennan Companies will post 8.68 earnings per share for the current year.

About Marsh & McLennan Companies

(Get Free Report

Marsh & McLennan Companies, Inc, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services.

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Analyst Recommendations for Marsh & McLennan Companies (NYSE:MMC)

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