Marsh & McLennan Companies, Inc found using ticker (MMC) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 150 and 121 with the average target price sitting at 138.23. Given that the stocks previous close was at 146.18 this is indicating there is a potential downside of -5.4%. There is a 50 day moving average of 140.41 while the 200 day moving average is 127.32. The company has a market capitalisation of $73,630m. Company Website: http://www.mmc.com
Marsh & McLennan Companies, a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth, and career consulting services and products; and specialized management, as well as economic and brand consulting services. Marsh & McLennan Companies has collaboration with Chubb Limited to secure insurance coverage for the COVAX no-fault compensation program. The company was founded in 1871 and is headquartered in New York, New York.