Recent Investment Analysts’ Ratings Updates for Marsh & McLennan Companies (MMC)

Marsh & McLennan Companies (NYSE: MMC) has recently received a number of price target changes and ratings updates:

  • 10/29/2017 – Marsh & McLennan Companies had its “hold” rating reaffirmed by analysts at Jefferies Group LLC.
  • 10/29/2017 – Marsh & McLennan Companies had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $88.00 price target on the stock.
  • 10/27/2017 – Marsh & McLennan Companies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Marsh & McLennan's third-quarter 2017 earnings beat the Zacks Consensus Estimate and grew year over year, led by strong performance at both its operating segments, Risk and Insurance Services and Consulting. The company is well poised for growth on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to enter new geographical regions, expand within the existing ones, foray into new businesses and develop new segments. It is expected to benefit from strong capital management and expense control initiatives. Nevertheless, exposure to currency volatility due to high international presence raise concern. Its effective capital management via share buyback and dividend payment is impressive. Though the company’s shares have slightly underperformed the industry, we expect its strong fundamentals to bring momentum to the shares.”
  • 10/26/2017 – Marsh & McLennan Companies was given a new $91.00 price target on by analysts at Wells Fargo & Company. They now have a “buy” rating on the stock. They wrote, “We maintain our Neutral rating. Key Points: Reported Results: AMERISAFE reported 3Q17 operating EPS of $0.87 versus our estimate of $0.79 and consensus of $0.78. The beat was largely due to stronger-than-expected underwriting results. Operating ROE was 13.8%. Underwriting Ratios: The combined ratio was an excellent 81.4%, 2.5 points better than we expected. Both the loss ratio and expense ratio outperformed our expectations. Loss reserves developed favorably by 12 percentage points, or $0.35 per share after tax ($0.04 per share higher than we expected).””
  • 10/16/2017 – Marsh & McLennan Companies had its price target raised by analysts at Barclays PLC from $92.00 to $93.00. They now have an “overweight” rating on the stock.
  • 10/4/2017 – Marsh & McLennan Companies was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $83.00 price target on the stock.
  • 10/3/2017 – Marsh & McLennan Companies had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $85.00 price target on the stock.
  • 10/2/2017 – Marsh & McLennan Companies was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. They now have a $95.00 price target on the stock. According to Zacks, “Shares of Marsh & McLennan have outperformed the industry, year to date. Exposure to currency volatility due to high international presence and integration risks from acquisitions raise concerns. Also, low interest rates have suppressed investment income. The company is well poised for growth on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to enter new geographies, expand within the existing ones, foray into new businesses, develop new segments and specialize within existing businesses. Its effective capital management via share buyback and dividend payment is impressive.”
  • 9/26/2017 – Marsh & McLennan Companies was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of Marsh & McLennan have underperformed industry, in last six months. Exposure to currency volatility due to high international presence and integration risks from acquisitions raise concerns. Also, low interest rates have suppressed investment income. The company is well poised for growth on the back of significant investments and acquisitions made within its different operating units. These deals have enabled the company to enter new geographies, expand within the existing ones, foray into new businesses, develop new segments and specialize within existing businesses. Its effective capital management via share buyback and dividend payment is impressive.”

Marsh & McLennan Companies, Inc. (NYSE MMC) traded up 1.860% on Wednesday, reaching $82.435. The company had a trading volume of 2,311,668 shares. The stock’s 50-day moving average price is $83.03 and its 200-day moving average price is $78.61. The stock has a market capitalization of $42.25 billion, a P/E ratio of 22.778 and a beta of 1.01. Marsh & McLennan Companies, Inc. has a 12-month low of $62.87 and a 12-month high of $84.90.

Marsh & McLennan Companies (NYSE:MMC) last released its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.01. Marsh & McLennan Companies had a return on equity of 28.88% and a net margin of 13.86%. The firm had revenue of $3.34 billion for the quarter, compared to analysts’ expectations of $3.31 billion. During the same quarter last year, the firm posted $0.69 EPS. The company’s revenue was up 6.6% compared to the same quarter last year. On average, equities research analysts anticipate that Marsh & McLennan Companies, Inc. will post $3.81 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 10th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Friday, October 6th. This represents a $1.50 annualized dividend and a dividend yield of 1.85%. Marsh & McLennan Companies’s payout ratio is currently 41.10%.

In other Marsh & McLennan Companies news, SVP E Scott Gilbert sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $77.31, for a total value of $2,319,300.00. Following the sale, the senior vice president now owns 68,427 shares of the company’s stock, valued at approximately $5,290,091.37. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.46% of the company’s stock.

Marsh & McLennan Companies, Inc is a professional services firm offering clients advice and solutions in risk, strategy and people. The Company is the parent company of various risk advisors and specialty consultants, including Marsh, the insurance broker; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resource and investment related financial advice and services, and Oliver Wyman Group, the management and economic consultancy.

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