UBS analyst Brian Meredith maintains $Marsh & McLennan (MMC.US)$ with a buy rating, and adjusts the target price from $255 to $259.
According to TipRanks data, the analyst has a success rate of 79.1% and a total average return of 14.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Marsh & McLennan (MMC.US)$'s main analysts recently are as follows:
Marsh McLennan could gain advantages from widespread technological shifts as some brokers are taking on more underwriting tasks, which traditionally fell to insurance carriers and less advanced peer brokers. Additionally, the firm's recent recruitment efforts are expected to enhance organic growth.
The projection for Marsh McLennan's performance includes an improved outlook for the years 2025/2026, influenced by the McGriff transaction and the anticipated transition to cash EPS in the first quarter of 2025. The company's shares experienced limited movement following its earnings release, which was attributed to the cash EPS accretion falling short of projections along with challenges faced in the fourth quarter.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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