Based on ratings from 19 stock analysts, the Marsh & McLennan Cos Inc stock price is expected to increase by 4.37% in 12 months. This is calculated by using the average 12-month stock price forecast for Marsh & McLennan Cos Inc. The lowest target is $212 and the highest is $259. Please note analyst price targets are not guaranteed and could be missed completely.
About 19 Wall Street analysts have assignedMMC 11 buy ratings, 8 hold ratings, and 0 sell ratings. This means that analysts expect Marsh & McLennan Cos Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MMC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MMC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Meyer Shields Keefe, Bruyette & Woods | Underperform | $212 | Maintains | Oct 22, 2024 |
Brian Meredith UBS | Buy | $259 | Maintains | Oct 22, 2024 |
Michael Zaremski BMO Capital | Market Perform | $228 | Maintains | Oct 22, 2024 |
Harry Fong Roth MKM | Neutral | $230 | Maintains | Oct 18, 2024 |
Scott Heleniak RBC Capital | Sector Perform | $242 | Maintains | Oct 18, 2024 |
Elyse Greenspan Wells Fargo | Equal-Weight | $211 | Maintains | Oct 10, 2024 |
Joshua Shanker B of A Securities | Neutral | $250 | Maintains | Oct 10, 2024 |
Yaron Kinar Jefferies | Hold | $222 | Maintains | Oct 9, 2024 |
Joshua Shanker B of A Securities | Neutral | $248 | Maintains | Oct 1, 2024 |
Alex Scott Barclays | Equal-Weight | $236 | Initiates | Sep 4, 2024 |
Harry Fong Roth MKM | Neutral | $220 | Maintains | Jul 19, 2024 |
Mark Dwelle RBC Capital | Sector Perform | $232 | Maintains | Jul 19, 2024 |
Jimmy Bhullar JP Morgan | Neutral | $230 | Maintains | Jul 11, 2024 |
Mark Dwelle RBC Capital | Sector Perform | $228 | Maintains | Jun 28, 2024 |
Joshua Shanker B of A Securities | Neutral | $233 | Maintains | May 22, 2024 |
Andrew Kligerman TD Cowen | Hold | $201 | Maintains | Apr 22, 2024 |
Brian Meredith UBS | Buy | $238 | Maintains | Apr 22, 2024 |
B of A Securities | Neutral | Maintains | Apr 19, 2024 | |
Mark Dwelle RBC Capital | Sector Perform | $210 | Maintains | Apr 19, 2024 |
Elyse Greenspan Wells Fargo | Equal-Weight | $213 | Maintains | Apr 19, 2024 |
When did it IPO
1987
Staff Count
85,000
Country
United States
Sector/Industry
Financial Services/Insurance Brokers
CEO
Mr. John Quinlan Doyle
Market Cap
$109.91B
In 2023, MMC generated $22.74B in revenue, which was a increase of 9.73% from the previous year. This can be seen as a signal that MMC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Marsh McLennan has priced $5.45 billion in Senior Notes across various maturities, with interest rates ranging from 4.550% to 5.350%, to raise capital.
Why It Matters - Marsh McLennan's bond issuance indicates its financial strategy and leverage position. The interest rates set reflect market conditions, impacting investor confidence and future cash flow expectations.
Summary - Marsh & McLennan (MMC) reported third-quarter earnings that surpassed expectations, indicating strong financial performance for the period.
Why It Matters - Better-than-expected earnings from Marsh & McLennan indicate strong financial performance, potentially boosting investor confidence and stock value in the company.
Summary - Marsh & McLennan Companies, Inc. will hold its Q3 2024 earnings conference call on October 17, 2024, at 8:00 AM ET, featuring key executives and analysts from major financial firms.
Why It Matters - The earnings call provides insights into Marsh & McLennan's financial performance and strategic direction, influencing investor sentiment and stock valuation.
Summary - Marsh McLennan (NYSE: MMC) reported 5% underlying revenue growth and 110 basis points margin expansion in Q3 2024, alongside the acquisition of McGriff Insurance Services.
Why It Matters - Marsh McLennan's strong Q3 results, 5% revenue growth, and acquisition of McGriff Insurance Services indicate robust operational momentum, enhancing investor confidence in future earnings potential.
Summary - MMC's Q3 earnings are expected to improve due to strong performance in its Risk and Insurance Services and Consulting segments.
Why It Matters - Improved earnings in Risk and Insurance Services and Consulting indicate strong operational performance, potentially boosting MMC's stock value and investor confidence.
Summary - Marsh & McLennan (MMC) reported Q3 earnings of $1.63 per share, exceeding expectations of $1.61 and up from $1.57 per share year-over-year.
Why It Matters - Marsh & McLennan's earnings beat expectations and show year-over-year growth, indicating strong performance and potentially positive momentum for the stock.