A number of research firms have changed their ratings and price targets for Marsh & McLennan Companies (NYSE: MMC):

  • 1/16/2018 – Marsh & McLennan Companies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marsh & McLennan's shares have outperformed the industry in a year's time. The company is well poised for growth on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to enter new geographical regions, expand within the existing ones, foray into new businesses and develop new segments. It is expected to benefit from strong capital management and expense control initiatives. Nevertheless, exposure to currency volatility due to high international presence raises concern. Its effective capital management via share buyback and dividend payment is impressive. The company plans to announce fourth quarter and full-year 2017 results on Feb 1, 2018 before the market opens.”
  • 1/15/2018 – Marsh & McLennan Companies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $91.00 price target on the stock. According to Zacks, “Marsh & McLennan's shares have outperformed the industry in a year's time. The company is well poised for growth on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to enter new geographical regions, expand within the existing ones, foray into new businesses and develop new segments. It is expected to benefit from strong capital management and expense control initiatives. Nevertheless, exposure to currency volatility due to high international presence raises concern. Its effective capital management via share buyback and dividend payment is impressive. The company plans to announce fourth quarter and full-year 2017 results on Feb 1, 2018 before the market opens.”
  • 1/10/2018 – Marsh & McLennan Companies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marsh & McLennan's shares have outperformed the industry in a year's time. The company is well poised for growth on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to enter new geographical regions, expand within the existing ones, foray into new businesses and develop new segments. It is expected to benefit from strong capital management and expense control initiatives. Nevertheless, exposure to currency volatility due to high international presence raises concern. Its effective capital management via share buyback and dividend payment is impressive. The company plans to announce fourth quarter and full-year 2017 results on Feb 1, 2018 before the market opens.”
  • 12/27/2017 – Marsh & McLennan Companies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $90.00 price target on the stock. According to Zacks, “Marsh & McLennan's shares have outperformed the industry year to date. The company is well poised for growth on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to enter new geographical regions, expand within the existing ones, foray into new businesses and develop new segments. It is expected to benefit from strong capital management and expense control initiatives. Nevertheless, exposure to currency volatility due to high international presence raise concern. Its effective capital management via share buyback and dividend payment is impressive.”
  • 12/8/2017 – Marsh & McLennan Companies had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $93.00 price target on the stock.
  • 12/6/2017 – Marsh & McLennan Companies was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating.
  • 12/4/2017 – Marsh & McLennan Companies is now covered by analysts at Goldman Sachs Group Inc. They set a “neutral” rating and a $88.00 price target on the stock.

Shares of Marsh & McLennan Companies, Inc. (MMC) opened at $81.26 on Wednesday. The stock has a market capitalization of $41,470.00, a PE ratio of 22.26, a PEG ratio of 1.49 and a beta of 1.01. Marsh & McLennan Companies, Inc. has a 52 week low of $67.16 and a 52 week high of $86.54. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.37 and a current ratio of 1.37.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.01. The company had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.31 billion. Marsh & McLennan Companies had a return on equity of 28.88% and a net margin of 13.86%. The firm’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.69 EPS. research analysts expect that Marsh & McLennan Companies, Inc. will post 3.82 earnings per share for the current year.

In related news, insider Daniel S. Glaser sold 618,557 shares of the stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $82.80, for a total transaction of $51,216,519.60. Following the completion of the sale, the insider now owns 279,367 shares in the company, valued at approximately $23,131,587.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Marc D. Oken bought 1,235 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were acquired at an average price of $80.89 per share, with a total value of $99,899.15. Following the purchase, the director now owns 40,120 shares in the company, valued at $3,245,306.80. The disclosure for this purchase can be found here. Corporate insiders own 1.46% of the company’s stock.

Marsh & McLennan Companies, Inc is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy.

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