Marsh & McLennan Companies, Inc. (NYSE:MMC) Given Consensus Rating of "Hold" by Analysts

Shares of Marsh & McLennan Companies, Inc. (NYSE:MMC - Get Free Report) have received an average recommendation of "Hold" from the fourteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $241.93.

Several equities research analysts recently commented on MMC shares. Keefe, Bruyette & Woods cut their target price on shares of Marsh & McLennan Companies from $220.00 to $215.00 and set an "underperform" rating on the stock in a research report on Monday, April 21st. Barclays lifted their target price on shares of Marsh & McLennan Companies from $246.00 to $249.00 and gave the stock an "equal weight" rating in a research report on Friday, April 11th. Jefferies Financial Group lifted their target price on shares of Marsh & McLennan Companies from $237.00 to $244.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. Redburn Atlantic initiated coverage on shares of Marsh & McLennan Companies in a research report on Tuesday, March 25th. They issued a "buy" rating and a $281.00 price target on the stock. Finally, UBS Group boosted their price target on shares of Marsh & McLennan Companies from $259.00 to $261.00 and gave the stock a "buy" rating in a research report on Wednesday, April 9th.

Marsh & McLennan Companies Trading Down 0.1%

MMC opened at $212.43 on Monday. The company's 50 day moving average is $223.77 and its 200-day moving average is $224.83. Marsh & McLennan Companies has a 1-year low of $207.21 and a 1-year high of $248.00. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.32. The company has a market cap of $104.67 billion, a P/E ratio of 26.03, a PEG ratio of 2.64 and a beta of 0.80.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last posted its earnings results on Thursday, April 17th. The financial services provider reported $3.06 EPS for the quarter, topping the consensus estimate of $3.02 by $0.04. Marsh & McLennan Companies had a net margin of 16.13% and a return on equity of 32.19%. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.08 billion. During the same period last year, the company earned $2.89 EPS. Equities research analysts predict that Marsh & McLennan Companies will post 9.61 earnings per share for the current fiscal year.

Institutional Trading of Marsh & McLennan Companies

Hedge funds have recently modified their holdings of the stock. Parisi Gray Wealth Management bought a new stake in shares of Marsh & McLennan Companies in the 1st quarter valued at $947,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of Marsh & McLennan Companies by 101.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 103,551 shares of the financial services provider's stock valued at $25,270,000 after acquiring an additional 52,218 shares in the last quarter. Annex Advisory Services LLC increased its stake in shares of Marsh & McLennan Companies by 2.1% in the 1st quarter. Annex Advisory Services LLC now owns 63,300 shares of the financial services provider's stock valued at $15,447,000 after acquiring an additional 1,288 shares in the last quarter. Sowell Financial Services LLC bought a new stake in Marsh & McLennan Companies during the 1st quarter valued at $977,000. Finally, Oppenheimer Asset Management Inc. increased its stake in Marsh & McLennan Companies by 15.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 80,667 shares of the financial services provider's stock valued at $19,685,000 after purchasing an additional 10,853 shares in the last quarter. Institutional investors own 87.99% of the company's stock.

Marsh & McLennan Companies Company Profile

Marsh & McLennan Cos., Inc is a professional services firm, which engages in offering clients advice and solutions in risk, strategy, and people. It operates through the Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment is involved in risk management activities, as well as insurance and reinsurance broking and services.

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