Barclays Lowers Marsh & McLennan Companies (NYSE:MMC) Price Target to $233.00

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) had its price target decreased by stock analysts at Barclays from $249.00 to $233.00 in a research note issued on Monday,Benzinga reports. The firm currently has an "equal weight" rating on the financial services provider's stock. Barclays's price target would indicate a potential upside of 9.37% from the company's previous close.

A number of other brokerages also recently weighed in on MMC. Keefe, Bruyette & Woods lowered their target price on Marsh & McLennan Companies from $220.00 to $215.00 and set an "underperform" rating for the company in a report on Monday, April 21st. UBS Group lifted their price objective on shares of Marsh & McLennan Companies from $259.00 to $261.00 and gave the company a "buy" rating in a research note on Wednesday, April 9th. Wells Fargo & Company lifted their price objective on shares of Marsh & McLennan Companies from $223.00 to $232.00 and gave the company an "equal weight" rating in a research note on Thursday, April 10th. Jefferies Financial Group lifted their price target on shares of Marsh & McLennan Companies from $237.00 to $244.00 and gave the company a "hold" rating in a research note on Friday, April 11th. Finally, Redburn Atlantic assumed coverage on shares of Marsh & McLennan Companies in a research note on Tuesday, March 25th. They issued a "buy" rating and a $281.00 price target for the company. 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's stock. According to data from MarketBeat.com, Marsh & McLennan Companies has an average rating of "Hold" and a consensus price target of $240.79.

Marsh & McLennan Companies Trading Down 0.9%

NYSE MMC traded down $2.04 during mid-day trading on Monday, reaching $213.04. 2,750,147 shares of the stock were exchanged, compared to its average volume of 1,969,343. Marsh & McLennan Companies has a one year low of $207.21 and a one year high of $248.00. The stock has a 50 day simple moving average of $223.62 and a 200-day simple moving average of $224.84. The stock has a market cap of $104.97 billion, a P/E ratio of 26.11, a P/E/G ratio of 2.64 and a beta of 0.80. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.14 and a quick ratio of 1.14.

Marsh & McLennan Companies (NYSE:MMC - Get Free Report) last announced its earnings results on Thursday, April 17th. The financial services provider reported $3.06 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $7.08 billion. During the same quarter last year, the firm earned $2.89 earnings per share. On average, analysts anticipate that Marsh & McLennan Companies will post 9.61 EPS for the current year.

Institutional Investors Weigh In On Marsh & McLennan Companies

Hedge funds and other institutional investors have recently made changes to their positions in the business. Accent Capital Management LLC bought a new stake in shares of Marsh & McLennan Companies in the 1st quarter worth $25,000. Knuff & Co LLC bought a new stake in Marsh & McLennan Companies in the 1st quarter worth about $28,000. Activest Wealth Management grew its position in Marsh & McLennan Companies by 2,775.0% in the 1st quarter. Activest Wealth Management now owns 115 shares of the financial services provider's stock worth $28,000 after purchasing an additional 111 shares in the last quarter. Ameriflex Group Inc. bought a new position in shares of Marsh & McLennan Companies in the fourth quarter valued at approximately $37,000. Finally, City Holding Co. bought a new position in shares of Marsh & McLennan Companies in the first quarter valued at approximately $37,000. 87.99% of the stock is owned by institutional investors.

About Marsh & McLennan Companies

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.