RBC Capital Maintains Sector Perform Rating for Marsh & McLennan: Here's What You Need To Know

RBC Capital has decided to maintain its Sector Perform rating of Marsh & McLennan MMC and raise its price target from $170.00 to $180.00.

Shares of Marsh & McLennan are trading down 1.92% over the last 24 hours, at $172.29 per share.

A move to $180.00 would account for a 4.48% increase from the current share price.

About Marsh & McLennan

Marsh & McLennan Companies Inc is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (management and economic consultancy).

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.