Marsh & McLennan Companies (MMC) : Traders are bullish on Marsh & McLennan Companies (MMC) as it has outperformed the S&P 500 by a wide margin of 2.41% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.87%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.21% in the last 1 week, and is up 2.19% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.45% and the fifty day Moving Average is 0.84%. Marsh & McLennan Companies, Inc. is up 2.43% in the last three month period. Year-to-Date the stock performance stands at 23.16%.
Marsh & McLennan Companies (MMC) : The highest level Marsh & McLennan Companies (MMC) is projected to reach is $74 for the short term and the lowest estimate is at $61. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $67.88 and the possibility the share price can swing is $4.22.
Marsh & McLennan Companies (NYSE:MMC): On Fridays trading session , Opening price of the stock was $67.32 with an intraday high of $68.05. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $66.905. However, the stock managed to close at $67.19, a loss of 0.62% for the day. On the previous day, the stock had closed at $67.61. The total traded volume of the day was 1,811,562 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.