Marsh & McLennan Companies (MMC) : Zacks Investment Research ranks Marsh & McLennan Companies (MMC) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.07, which indicates as a Buy.
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 $67.11. The maximum price target given is $74 and the minimum target for short term is around $61, hence the standard deviation is calculated at $3.98.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Deutsche Bank maintains the rating on Marsh & McLennan Companies (NYSE:MMC). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $67 per share to $71 per share. The rating by the firm was issued on July 29, 2016.
Marsh & McLennan Companies (NYSE:MMC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.18 and $65.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.17, notching a gain of 0.12% for the day. The total traded volume was 3,051,398 . The stock had closed at $66.09 on the previous day.
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.