In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Marsh & Mclennan Companies (MMC), with a price target of $95. The company’s shares opened today at $99.45, close to its 52-week high of $100.20.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 6.0% and a 65.9% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, AXA Equitable Holdings Inc, and Renaissancere Holdings Ltd.
Currently, the analyst consensus on Marsh & Mclennan Companies is a Moderate Buy with an average price target of $97.50.
See today’s analyst top recommended stocks >>
Based on Marsh & Mclennan Companies’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.07 billion and net profit of $716 million. In comparison, last year the company earned revenue of $4 billion and had a net profit of $690 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Marsh & McLennan Cos., Inc. is a professional services firm, which offers clients advice and solutions in risk, strategy and people. It operates through the following business segments: Risk & Insurance Services, and Consulting.
