Wells Fargo Thinks Marsh & Mclennan Companies’ Stock is Going to Recover


Wells Fargo analyst Elyse Greenspan maintained a Buy rating on Marsh & Mclennan Companies (NYSE: MMC) today and set a price target of $93. The company’s shares closed yesterday at $77.18, close to its 52-week low of $77.11.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 2.9% and a 51.0% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and United Insurance Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marsh & Mclennan Companies with a $92.67 average price target.

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The company has a one-year high of $87.89 and a one-year low of $77.11. Currently, Marsh & Mclennan Companies has an average volume of 1.77M.

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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.

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