This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Financial Companies: Canadian Bank of Commerce (CM), Marsh & McLennan Companies (MRSH) and First Horizon (FHN)

Tipranks - Wed Jul 8, 4:54AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Canadian Bank of Commerce (CM), Marsh & McLennan Companies (MRSH) and First Horizon (FHN).

4th of July Sale - 70% Off

Canadian Bank of Commerce (CM)

In a report released today, Matthew Lee from Canaccord Genuity maintained a Hold rating on Canadian Bank of Commerce. The company’s shares closed last Monday at $115.36.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 24.7% and a 70.9% success rate. Lee covers the Financial sector, focusing on stocks such as National Bank of Canada, Toronto Dominion Bank, and Royal Bank Of Canada. ;'>

Currently, the analyst consensus on Canadian Bank of Commerce is a Moderate Buy with an average price target of $110.21.

See Insiders’ Hot Stocks on TipRanks >>

Marsh & McLennan Companies (MRSH)

Barclays analyst Alex Scott maintained a Buy rating on Marsh & McLennan Companies today and set a price target of $206.00. The company’s shares closed last Monday at $174.73.

According to TipRanks.com, Scott is a 4-star analyst with an average return of 7.4% and a 58.7% success rate. Scott covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Hamilton Insurance Group, Ltd. Class B, and Jackson Financial Incorporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marsh & McLennan Companies with a $199.56 average price target.

First Horizon (FHN)

In a report released today, Jared Shaw from Barclays maintained a Buy rating on First Horizon, with a price target of $29.00. The company’s shares closed last Monday at $25.85.

According to TipRanks.com, Shaw is a 4-star analyst with an average return of 4.3% and a 60.1% success rate. Shaw covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, Pinnacle Financial Partners, and First Interstate Bancsystem. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Horizon with a $27.56 average price target, a 7.9% upside from current levels. In a report issued on July 1, Raymond James also maintained a Buy rating on the stock with a $28.00 price target.

Read More on CM:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.