Bank of America Lowers Marsh & McLennan Companies (NYSE:MRSH) Price Target to $174.00

Marsh & McLennan Companies (NYSE:MRSH) had its target price decreased by stock analysts at Bank of America from $181.00 to $174.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an “underperform” rating on the financial services provider’s stock. Bank of America‘s price objective would indicate a potential downside of 0.68% from the company’s current price.

Several other brokerages have also recently issued reports on MRSH. Citigroup increased their price objective on Marsh & McLennan Companies from $201.00 to $205.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Raymond James Financial upgraded Marsh & McLennan Companies from an “outperform” rating to a “strong-buy” rating and set a $225.00 price objective on the stock in a research note on Tuesday, February 17th. Evercore reduced their price objective on Marsh & McLennan Companies from $237.00 to $236.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 7th. Mizuho reduced their price objective on Marsh & McLennan Companies from $199.00 to $193.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, Morgan Stanley reduced their price objective on Marsh & McLennan Companies from $195.00 to $190.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $205.13.

Marsh & McLennan Companies Stock Up 0.2%

NYSE:MRSH opened at $175.20 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.20. The stock’s fifty day moving average price is $173.02. Marsh & McLennan Companies has a 52 week low of $164.89 and a 52 week high of $235.78. The firm has a market capitalization of $84.82 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 2.36 and a beta of 0.75.

Marsh & McLennan Companies (NYSE:MRSH) last released its quarterly earnings results on Thursday, January 29th. The financial services provider reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.15. Marsh & McLennan Companies had a return on equity of 31.60% and a net margin of 15.42%.The company had revenue of $6.60 billion for the quarter, compared to analysts’ expectations of $6.52 billion. During the same period in the prior year, the firm earned $1.87 earnings per share. The firm’s revenue was up 8.7% compared to the same quarter last year. On average, sell-side analysts expect that Marsh & McLennan Companies will post 9.61 EPS for the current fiscal year.

Insiders Place Their Bets

In other Marsh & McLennan Companies news, CEO John Q. Doyle sold 16,655 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $183.30, for a total value of $3,052,861.50. Following the sale, the chief executive officer directly owned 116,811 shares in the company, valued at $21,411,456.30. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.38% of the stock is currently owned by corporate insiders.

Institutional Trading of Marsh & McLennan Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Pinnacle Bancorp Inc. purchased a new position in shares of Marsh & McLennan Companies during the third quarter worth about $25,000. Solstein Capital LLC purchased a new position in shares of Marsh & McLennan Companies during the fourth quarter worth about $25,000. SHP Wealth Management purchased a new position in shares of Marsh & McLennan Companies during the fourth quarter worth about $26,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Marsh & McLennan Companies during the fourth quarter worth about $27,000. Finally, Golden State Wealth Management LLC purchased a new position in shares of Marsh & McLennan Companies during the fourth quarter worth about $27,000. 87.99% of the stock is currently owned by institutional investors and hedge funds.

More Marsh & McLennan Companies News

Here are the key news stories impacting Marsh & McLennan Companies this week:

• Positive Sentiment: Company promotes long‑serving CFO to a chief operating officer role, clarifying internal succession and management continuity; that reduces leadership uncertainty and can be viewed positively by investors. Marsh & McLennan Elevates CFO to COO Role
• Neutral Sentiment: Analysts and media are flagging Q1 earnings and succession planning as the primary short‑term catalysts — upcoming results and commentary will likely drive price action more than one‑off headlines. Marsh McLennan earnings in focus as succession planning unfolds
• Neutral Sentiment: Pre‑earnings primers outline key items investors should watch (revenue mix, underwriting trends, consulting demand and any mgmt commentary on capital allocation). These items explain why the stock can move on beats/misses. Marsh & McLennan (MRSH) reports Q1: Everything you need to know ahead of earnings
• Negative Sentiment: Shares came under pressure after a price‑target cut and an analyst downgrade, which signals some investor skepticism about near‑term upside and multiple compression. Marsh & McLennan Shares Slide After Target Cut
• Negative Sentiment: Bank of America reduced its price target and moved to an “underperform” view, highlighting downside risk relative to recent levels and providing a fresh negative datapoint for short‑term traders. BofA Lowers Price Target on MRSH

Marsh & McLennan Companies Company Profile

Marsh & McLennan Companies (NYSE: MMC) is a global professional services firm headquartered in New York City that provides advice and solutions in the areas of risk, strategy and people. Founded in 1905, the company has grown into a diversified group of businesses focused on insurance brokerage and risk management, reinsurance, human capital and investment consulting, and management consulting. Its long history and scale position it as a prominent adviser to corporations, governments and other institutions seeking to manage risk and optimize human and financial capital.

The firm operates through several well-known subsidiaries and business units that specialize in distinct services.