Marsh & McLennan Companies, Inc. (NYSE:MMC) has been given an average recommendation of “Buy” by the fifteen brokerages that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $80.97.

MMC has been the topic of several research analyst reports. Royal Bank Of Canada reissued a “buy” rating and issued a $85.00 price objective on shares of Marsh & McLennan Companies in a report on Friday, July 28th. Wells Fargo & Company reissued a “buy” rating on shares of Marsh & McLennan Companies in a report on Thursday, July 27th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $83.00 target price on shares of Marsh & McLennan Companies in a research report on Friday, June 9th. Zacks Investment Research upgraded Marsh & McLennan Companies from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research report on Tuesday, June 27th. Finally, Citigroup Inc. raised their target price on Marsh & McLennan Companies from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, July 13th.

Marsh & McLennan Companies (NYSE:MMC) traded up 0.15% on Friday, reaching $81.32. The company had a trading volume of 3,359,437 shares. Marsh & McLennan Companies has a 1-year low of $62.33 and a 1-year high of $82.86. The stock’s 50 day moving average is $78.45 and its 200-day moving average is $76.45. The stock has a market capitalization of $41.68 billion, a P/E ratio of 22.47 and a beta of 0.98.

Marsh & McLennan Companies (NYSE:MMC) last issued its quarterly earnings data on Thursday, July 27th. The financial services provider reported $1.00 EPS for the quarter, meeting the consensus estimate of $1.00. Marsh & McLennan Companies had a return on equity of 28.56% and a net margin of 13.97%. The company had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same period last year, the company earned $0.91 earnings per share. Marsh & McLennan Companies’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, equities analysts predict that Marsh & McLennan Companies will post $3.80 EPS for the current fiscal year.

In related news, SVP E Scott Gilbert sold 30,000 shares of Marsh & McLennan Companies stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $77.31, for a total transaction of $2,319,300.00. Following the transaction, the senior vice president now owns 68,427 shares in the company, valued at $5,290,091.37. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.46% of the company’s stock.

Large investors have recently bought and sold shares of the business. Carroll Financial Associates Inc. raised its position in Marsh & McLennan Companies by 21.8% in the second quarter. Carroll Financial Associates Inc. now owns 1,301 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 233 shares during the period. Tompkins Financial Corp raised its position in Marsh & McLennan Companies by 10.9% in the second quarter. Tompkins Financial Corp now owns 1,370 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 135 shares during the period. Acrospire Investment Management LLC purchased a new stake in Marsh & McLennan Companies in the second quarter valued at $109,000. Grove Bank & Trust raised its position in Marsh & McLennan Companies by 5.6% in the second quarter. Grove Bank & Trust now owns 1,603 shares of the financial services provider’s stock valued at $125,000 after purchasing an additional 85 shares during the period. Finally, CWM LLC raised its position in Marsh & McLennan Companies by 0.7% in the second quarter. CWM LLC now owns 1,774 shares of the financial services provider’s stock valued at $138,000 after purchasing an additional 13 shares during the period. Institutional investors own 84.87% of the company’s stock.

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Marsh & McLennan Companies Company Profile

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.

Analyst Recommendations for Marsh & McLennan Companies (NYSE:MMC)

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