William Blair analyst Adam Klauber reiterated a Hold rating on Marsh & Mclennan Companies (NYSE: MMC) on August 14. The company’s shares closed yesterday at $83.63.
According to TipRanks.com, Klauber is a 4-star analyst with an average return of 8.6% and a 62.0% success rate. Klauber covers the Financial sector, focusing on stocks such as Arthur J Gallagher & Co, GooseHead Insurance Inc, and Kemper Corp.
Currently, the analyst consensus on Marsh & Mclennan Companies is a Moderate Buy with an average price target of $91.83, a 9.8% upside from current levels. In a report issued on August 7, Credit Suisse also initiated coverage with a Hold rating on the stock with a $86 price target.
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The company has a one-year high of $87.89 and a one-year low of $76.68. Currently, Marsh & Mclennan Companies has an average volume of 1.76M.
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Marsh & McLennan Cos., engages in the provision of advice and solutions in the areas of risk, strategy, and human capital. It operates through the following business segments: Risk and Insurance Services, and Consulting.