Marsh & McLennan Companies, Inc. (NYSE:MMC) soared 0.18% during previous trade, a total of 1.20M shares exchanged hands compared with its average trading volume of 2.15M shares whereas its relative volume is 0.54. The stock has a market capitalization of $35.00B along with 516.52M outstanding shares. Stock’s intraday price range hit the peak level of $68.10 and touched the lowest level of $67.68.
Most recently Marsh & McLennan Companies, Inc. (NYSE:MMC)’s price target was revised on 1/13/17 and according to 17 analysts stock’s price will reach at $73.53 during 52 weeks with standard deviation of 5.23. Stock’s minimum price target estimates has been figured out at $65 while the maximum price target forecast is established at $80, if we look at the price target with an optimistic approach it has upside potential of 17% from its latest closing price of $67.73.
Historically, if we look at price target revisions, two weeks ago Marsh & McLennan Companies, Inc. (NYSE:MMC)’s price target was revised on 12/16/16 by the analysts, however the bullish price estimates of the stock set at $78 while the bearish estimates kept at $61 over the next one year. Stock’s 52-week target was retained at $69.44, the estimates indicates a standard deviation of 5.57.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.86. ABR value is precisely based on brokerage recommendations, where out of 14 brokerage recommendations 7 rate Marsh & McLennan Companies, Inc. (NYSE:MMC) stock a Strong Buy, 2 rate the stocks of the company a Buy, 5 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 11/17/16 the stock of Marsh & McLennan Companies, Inc. (NYSE:MMC) upgraded by Sandler O’Neill from Hold to Buy. However previously on 11/4/16 it was upgraded by BMO Capital Markets from Market Perform to Outperform. A research note issued on 1/13/16 the stock was upgraded by Keefe Bruyette from Mkt Perform to Outperform.
Marsh & McLennan Companies, Inc. (NYSE:MMC) performance over the past one year soared 29.17% whereas its year to date (YTD) performance indicated a bullish trend of 0.21%. During the last six months the stock climbed 2.34%. Quarterly performance of the company shows optimistic momentum of 3.12% while its last one month trend is negative with -2.29%. Stock’s weekly performance expressed down trend of -1.38%.
The company’s price sits -0.31% below from its 50-day moving average of $68.46 and 2.97% far from the stock’s 200-day moving average which is $67.07. Marsh & McLennan Companies, Inc. (NYSE:MMC)’s shares are currently trading -2.92% away from the 52-week high price of $69.77 and +36.18% far from the 52-week low price of $49.73.
According to consensus agreement of 21 analysts Marsh & McLennan Companies, Inc. (NYSE:MMC) will report earnings per share of $0.84 in their quarterly report and it is expected to announce the company’s results on 2/2/17 Before Market Open. For the current quarter the company has high EPS estimates of $0.86 in contradiction of low EPS estimates of $0.8. However a year ago for the same quarter the company has reported $0.71 EPS. Current year EPS projections for Marsh & McLennan Companies, Inc. (NYSE:MMC) set at $3.37 according to the sentiments of 21 analysts, while its lowest earnings estimates are $3.32 and highest earnings estimates are $3.4.
According to 14 analysts, Marsh & McLennan Companies, Inc. (NYSE:MMC)’s revenue estimates for the current quarter are $3.46B meanwhile the company has high revenue estimates of $3.5B in contradiction of low revenue estimates of $3.41B. For the current year the company’s revenue estimates are $13.33B compared to low analyst estimates of $13.26B and high estimates of $13.69B according to the projection of 16 analysts.