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Analysts Conflicted on These Financial Names: Bank of America (BAC) and Marsh & McLennan Companies (MRSH)

Tipranks - Tipranks - Sat Apr 18, 6:00AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Bank of America (BAC) and Marsh & McLennan Companies (MRSH).

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Bank of America (BAC)

Phillip Securities analyst Glenn Thum maintained a Buy rating on Bank of America today and set a price target of $60.00. The company’s shares closed last Thursday at $53.51.

According to TipRanks.com, Thum is a 5-star analyst with an average return of 17.5% and a 84.9% success rate. Thum covers the Financial sector, focusing on stocks such as Singapore Exchange, DBS Group Holdings, and JPMorgan Chase. ;'>

Currently, the analyst consensus on Bank of America is a Strong Buy with an average price target of $60.97, representing a 12.8% upside. In a report issued on April 15, TipRanks – OpenAI also upgraded the stock to Buy with a $59.00 price target.

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Marsh & McLennan Companies (MRSH)

In a report released yesterday, Robert Cox CFA from Goldman Sachs maintained a Hold rating on Marsh & McLennan Companies. The company’s shares closed last Thursday at $182.57.

According to TipRanks.com, CFA is a 3-star analyst with an average return of 3.7% and a 58.0% success rate. CFA covers the Financial sector, focusing on stocks such as American International Group, Accelerant Holdings Class A, and Ryan Specialty Group. ;'>

Marsh & McLennan Companies has an analyst consensus of Moderate Buy, with a price target consensus of $203.19, which is a 14.0% upside from current levels. In a report released yesterday, TipRanks – Google also downgraded the stock to Hold with a $191.00 price target.

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