Wells Fargo Keeps Their Hold Rating on Marsh & Mclennan Companies (MMC)
In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Hold rating on Marsh & Mclennan Companies, with a price target of $212.00. The company’s shares closed yesterday at $179.59.
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According to TipRanks, Greenspan is a 4-star analyst with an average return of 6.2% and a 54.65% success rate. Greenspan covers the Financial sector, focusing on stocks such as Progressive, Ryan Specialty Group, and Arthur J Gallagher & Co.
In addition to Wells Fargo, Marsh & Mclennan Companies also received a Hold from RBC Capital’s Rowland Mayor in a report issued yesterday. However, on November 21, Evercore ISI maintained a Buy rating on Marsh & Mclennan Companies (NYSE: MMC).
Based on Marsh & Mclennan Companies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.35 billion and a net profit of $747 million. In comparison, last year the company earned a revenue of $5.7 billion and had a net profit of $747 million
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