Marsh & McLennan Companies (NYSE:MMC) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.07 by 14 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Goldman Sachs upgrades its view on Marsh & McLennan Companies (NYSE:MMC) according to the research report released by the firm to its investors. The shares have now been rated Conviction Buy by the stock experts at the ratings house. Earlier, the shares had a rating of Neutral. Goldman Sachs raises the price target from $59 per share to $66 per share on Marsh & McLennan Companies . The rating by the firm was issued on March 4, 2016.
Marsh & McLennan Companies (NYSE:MMC) should head towards $65.11 per share according to 9 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $61 per share. The higher price estimate target is at $71 according to the Analysts.
Marsh & McLennan Companies (NYSE:MMC) rose 0.41% or 0.27 points on Tuesday and made its way into the gainers of the day. After trading began at $66.82 the stock was seen hitting $66.89 as a peak level and $66.5399 as the lowest level. The stock ended up at $66.74. The daily volume was measured at 1,804,680 shares. The 52-week high of the share price is $66.965 and the 52-week low is $50.81. The company has a market cap of $34,787 million.
Shares of Marsh & McLennan Companies, Inc. rose by 1.58% in the last five trading days and 3.96% for the last 4 weeks. Marsh & McLennan Companies, Inc. is up 12.31% in the last 3-month period. Year-to-Date the stock performance stands at 21.71%.
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.