Marsh & McLennan Companies (MMC): Price Target and June Short Interest Disclosure

Marsh & McLennan Companies (MMC) : The most positive equity analysts on Marsh & McLennan Companies (MMC) expects the shares to touch $74, whereas, the least positive believes that the stock will trade at $61 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $65.89 with an expected fluctuation of $3.86 from the mean.

The short interest in Marsh & McLennan Companies (MMC) has increased from 6,343,036 on June 15,2016 to 6,551,453 on June 30,2016. The change was measured at 208,417 shares or 3.3%. The leftover shorts were 1.3% of the floated shares. The days to cover are 3, given the average daily volume of 2,417,537 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Marsh & McLennan Companies (NYSE:MMC): On Thursdays trading session , Opening price of the stock was $67.57 with an intraday high of $67.9. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $66.95. However, the stock managed to close at $66.96, a loss of 0.13% for the day. On the previous day, the stock had closed at $67.05. The total traded volume of the day was 3,036,412 shares.

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.

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