Zacks Reaffirms Neutral Rating on Marsh & Mclennan Com (MMC)

By admin | 6 years ago

Marsh & Mclennan Com (NYSE: MMC)‘s stock had its “neutral” rating reaffirmed by Zacks in a report released on Wednesday. They currently have a $36.00 target price on the stock.

Shares of Marsh & Mclennan Com opened at 34.12 on Wednesday. Marsh & Mclennan Com has a 52 week low of $25.29 and a 52 week high of $34.68. The company has a market cap of $18.541 billion and a P/E ratio of 19.06.

The company last announced its quarterly results on Tuesday, May 1st. It reported $0.63 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.61 EPS by $0.02. The company’s quarterly revenue was up 5.8% on a year-over-year basis. On average, analysts predict that Marsh & Mclennan Com will post $0.39 earnings per share next quarter.

MMC has been the subject of a number of other recent research reports. Analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Marsh & Mclennan Com from $37.00 to $39.00 in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Separately, analysts at JPMorgan Chase (NYSE: JPM) downgraded shares of Marsh & Mclennan Com from a “neutral” rating to an “underweight” rating in a research note to investors on Friday, April 20th. They now have a $32.00 price target on the stock. Finally, analysts at Sandler O’Neill upgraded shares of Marsh & Mclennan Com from a “hold” rating to a “buy” rating in a research note to investors on Friday, February 17th.

Marsh & McLennan Companies, Inc. (MMC) is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital.

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