Marsh & McLennan Companies (NYSE:MMC) : Zacks Investment Research ranks Marsh & McLennan Companies (NYSE:MMC) as 2, which is a Buy 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 (NYSE:MMC) stock is expected to deviate a maximum of $2.85 from the average target price of $65.11 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $71 and the most muted being $61.
For the current week, the company shares have a recommendation consensus of Buy.
Marsh & McLennan Companies (NYSE:MMC): stock turned positive on Tuesday. Though the stock opened at $64.14, the bulls momentum made the stock top out at $65.61 level for the day. The stock recorded a low of $64.06 and closed the trading day at $65.59, in the green by 2.92%. The total traded volume for the day was 2,195,304. The stock had closed at $63.73 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Marques Maria Silvia Bastos, director of Marsh & Mclennan Companies, Inc., had unloaded 001 shares at an average price of $66.17 in a transaction dated on June 1, 2016. The total value of the transaction was worth $066.
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.