Marsh & McLennan Companies (MMC) : 5 brokerage houses believe that Marsh & McLennan Companies (MMC) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Marsh & McLennan Companies (MMC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 14 Wall Street Analysts endorse the stock as a Buy with a rating of 2.07.
Marsh & McLennan Companies (MMC) : 9 Wall Street analysts covering Marsh & McLennan Companies (MMC) believe that the average level the stock could reach for the short term is $65.11. The maximum price target given is $71 and the minimum target for short term is around $61, hence the standard deviation is calculated at $2.85.
Marsh & McLennan Companies (NYSE:MMC): The stock opened at $67.19 on Wednesday but the bulls could not build on the opening and the stock topped out at $67.40 for the day. The stock traded down to $66.83 during the day, due to lack of any buying support eventually closed down at $67.11 with a loss of -0.71% for the day. The stock had closed at $67.59 on the previous day. The total traded volume was 5,602,126 shares.
The company shares have rallied 20.10% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $68.69 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $65.97 and the 200 Day Moving Average price is recorded at $60.03.
Marsh and McLennan Companies, Inc. is a professional services firm. The Company operates as two business segments: Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment provides risk management activities and insurance broking, reinsurance broking and insurance program management services for businesses, public entities, insurance companies, associations, professional services organizations and private clients. The Company conducts business in this segment through Marsh and Guy Carpenter. The Company conducts business in its Consulting segment through two main business groups: Mercer, provides consulting expertise, advice, services and solutions in the areas of health, retirement, talent and investments, and Oliver Wyman Group, provides specialized management and economic and brand consulting services.