Marsh & McLennan Companies (MMC) Stock Forecast, Price Target & Predictions
MMC Stock Forecast
Marsh & McLennan Companies stock forecast is as follows: an average price target of $199.35 (represents a -11.17% downside from MMC’s last price of $224.42) and a rating consensus of 'Hold', based on 18 wall street analysts offering a 1-year stock forecast.
MMC Price Target
The average price target for Marsh & McLennan Companies (MMC) is $199.35 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $250.00 to $135.00. This represents a potential -11.17% downside from MMC's last price of $224.42.
MMC Analyst Ratings
According to 18 Wall Street analysts, Marsh & McLennan Companies's rating consensus is 'Hold'. The analyst rating breakdown for MMC stock is 0 'Strong Buy' (0.00%), 4 'Buy' (22.22%), 11 'Hold' (61.11%), 3 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).
Marsh & McLennan Companies Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2024 | Michael Zaremski | BMO Capital | - | - | 2.67% | 1.60% |
| Oct 18, 2024 | Harry Fong | Roth Capital | - | - | 1.82% | 2.49% |
| Oct 18, 2024 | Mark Dwelle | RBC Capital | - | - | 6.65% | 7.83% |
| Oct 18, 2024 | Robert Cox | Goldman Sachs | - | - | -3.05% | -1.97% |
| Oct 10, 2024 | Joshua Shanker | Bank of America Securities | - | - | 10.25% | 11.40% |
| Oct 01, 2024 | Michael Zaremski | BMO Capital | - | - | -3.13% | -3.31% |
| Sep 04, 2024 | Alex Scott | Barclays | - | - | 1.98% | 5.16% |
| Jul 19, 2024 | Harry Fong | Roth Capital | - | - | 1.19% | -1.97% |
| Jun 28, 2024 | Mark Dwelle | RBC Capital | - | - | 8.09% | 1.60% |
| Apr 19, 2024 | Mark Dwelle | RBC Capital | - | - | 4.10% | -6.43% |
The latest Marsh & McLennan Companies stock forecast, released on Oct 22, 2024 by Michael Zaremski from BMO Capital, set a price target of $228.00, which represents a 2.67% increase from the stock price at the time of the forecast ($222.06), and a 1.60% increase from MMC last price ($224.42).
Marsh & McLennan Companies Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 7 | 13 |
| Avg Price Target | $228.00 | $231.86 | $225.08 |
| Last Closing Price | $224.42 | $224.42 | $224.42 |
| Upside/Downside | 1.60% | 3.32% | 0.29% |
In the current month, the average price target of Marsh & McLennan Companies stock is $228.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 1.60% increase as opposed to Marsh & McLennan Companies's last price of $224.42. This month's average price target is down -1.66% compared to last quarter, and up 1.30% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Oct 22, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 21, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Oct 18, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 18, 2024 | Goldman Sachs | Sell | Sell | Hold |
| Oct 01, 2024 | Truist Financial | Neutral | Neutral | Hold |
| Oct 01, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Sep 04, 2024 | Barclays | Equal-Weight | Initialise | |
| Jun 28, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Jun 28, 2024 | BMO Capital | Outperform | Upgrade |
Marsh & McLennan Companies's last stock rating was published by Keefe, Bruyette & Woods on Oct 22, 2024. The company gave MMC a "Underperform" rating, the same as its previous rate.
Marsh & McLennan Companies Financial Forecast
Marsh & McLennan Companies Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $5.55B | $5.38B | $5.88B | $5.92B | $5.02B | $4.77B | $5.38B | $5.55B | $5.14B | $4.58B | $5.02B | $5.08B | $4.42B | $3.97B | $4.19B | $4.65B | $4.26B | $3.97B |
| Avg Forecast | $6.94B | $6.76B | $7.39B | $7.57B | $6.48B | $6.26B | $6.85B | $7.08B | $5.90B | $5.71B | $6.31B | $6.38B | $5.54B | $5.22B | $5.77B | $5.86B | $5.23B | $4.88B | $5.34B | $5.49B | $4.92B | $4.42B | $4.51B | $4.79B | $4.27B | $3.84B | $4.19B | $4.68B | $4.35B | $4.00B |
| High Forecast | $7.09B | $6.90B | $7.55B | $7.74B | $6.62B | $6.39B | $7.00B | $7.28B | $5.98B | $5.71B | $6.31B | $6.39B | $5.58B | $5.33B | $5.90B | $5.99B | $5.34B | $4.88B | $5.34B | $5.49B | $4.92B | $4.42B | $4.51B | $4.79B | $4.27B | $3.84B | $4.19B | $4.68B | $4.35B | $4.00B |
| Low Forecast | $6.77B | $6.59B | $7.20B | $7.39B | $6.32B | $6.10B | $6.68B | $6.86B | $5.84B | $5.71B | $6.31B | $6.38B | $5.46B | $5.09B | $5.63B | $5.71B | $5.10B | $4.88B | $5.34B | $5.49B | $4.92B | $4.42B | $4.51B | $4.79B | $4.27B | $3.84B | $4.19B | $4.68B | $4.35B | $4.00B |
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 10 | 10 | 10 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.03% | 1.02% | 1.01% | 0.96% | 0.98% | 1.01% | 1.01% | 1.04% | 1.04% | 1.11% | 1.06% | 1.04% | 1.03% | 1.00% | 0.99% | 0.98% | 0.99% |
Marsh & McLennan Companies's average Quarter revenue forecast for Mar 24 based on 4 analysts is $6.38B, with a low forecast of $6.38B, and a high forecast of $6.39B. MMC's average Quarter revenue forecast represents a 14.95% increase compared to the company's last Quarter revenue of $5.55B (Dec 23).
Marsh & McLennan Companies EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 10 | 10 | 10 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.10B | $996.00M | $1.46B | $1.97B | $746.00M | $1.02B | $1.59B | $1.69B | $1.24B | $997.00M | $1.50B | $1.62B | $857.00M | $768.00M | $1.09B | $1.30B | $823.00M | $714.00M |
| Avg Forecast | $1.79B | $1.75B | $1.91B | $1.96B | $1.67B | $1.62B | $1.77B | $1.83B | $1.52B | $1.48B | $1.63B | $1.90B | $1.43B | $1.35B | $1.49B | $1.73B | $1.35B | $1.22B | $1.34B | $1.57B | $1.24B | $1.11B | $1.13B | $1.36B | $1.07B | $962.31M | $1.05B | $1.25B | $1.09B | $1.00B |
| High Forecast | $1.83B | $1.79B | $1.95B | $2.00B | $1.71B | $1.65B | $1.81B | $1.88B | $1.55B | $1.48B | $1.63B | $2.28B | $1.44B | $1.38B | $1.52B | $2.08B | $1.62B | $1.22B | $1.34B | $1.89B | $1.24B | $1.11B | $1.13B | $1.63B | $1.07B | $962.31M | $1.05B | $1.50B | $1.09B | $1.00B |
| Low Forecast | $1.75B | $1.70B | $1.86B | $1.91B | $1.63B | $1.58B | $1.73B | $1.77B | $1.51B | $1.48B | $1.63B | $1.52B | $1.41B | $1.32B | $1.46B | $1.38B | $1.08B | $1.22B | $1.34B | $1.26B | $1.24B | $1.11B | $1.13B | $1.09B | $1.07B | $962.31M | $1.05B | $996.69M | $1.09B | $1.00B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | 0.74% | 0.98% | 1.14% | 0.55% | 0.83% | 1.19% | 1.07% | 1.01% | 0.90% | 1.33% | 1.20% | 0.80% | 0.80% | 1.04% | 1.05% | 0.75% | 0.71% |
4 analysts predict MMC's average Quarter EBITDA for Mar 24 to be $1.90B, with a high of $2.28B and a low of $1.52B. This is 72.45% upper than Marsh & McLennan Companies's previous annual EBITDA (Dec 23) of $1.10B.
Marsh & McLennan Companies Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 10 | 10 | 10 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $756.00M | $730.00M | $1.05B | $1.24B | $466.00M | $546.00M | $967.00M | $1.07B | $807.00M | $537.00M | $820.00M | $983.00M | $374.00M | $316.00M | $572.00M | $754.00M | $391.00M | $303.00M |
| Avg Forecast | $1.09B | $956.60M | $1.44B | $1.66B | $991.63M | $865.99M | $1.30B | $1.52B | $885.59M | $802.25M | $1.19B | $1.20B | $806.33M | $689.88M | $1.05B | $1.09B | $870.12M | $570.13M | $923.86M | $990.93M | $665.80M | $495.13M | $707.69M | $822.04M | $558.10M | $359.99M | $561.62M | $720.38M | $586.26M | $347.05M |
| High Forecast | $1.12B | $983.58M | $1.48B | $1.70B | $1.02B | $890.42M | $1.34B | $1.59B | $1.37B | $821.49M | $1.19B | $1.44B | $856.73M | $690.57M | $1.08B | $1.31B | $1.04B | $600.43M | $923.86M | $1.19B | $665.80M | $495.13M | $707.69M | $986.45M | $558.10M | $359.99M | $561.62M | $864.46M | $586.26M | $347.05M |
| Low Forecast | $1.06B | $925.65M | $1.40B | $1.60B | $959.55M | $837.97M | $1.26B | $1.45B | $762.46M | $783.00M | $1.19B | $959.22M | $760.98M | $689.19M | $1.02B | $872.01M | $696.09M | $539.82M | $923.86M | $792.74M | $665.80M | $495.13M | $707.69M | $657.63M | $558.10M | $359.99M | $561.62M | $576.31M | $586.26M | $347.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.06% | 1.00% | 1.13% | 0.54% | 0.96% | 1.05% | 1.08% | 1.21% | 1.08% | 1.16% | 1.20% | 0.67% | 0.88% | 1.02% | 1.05% | 0.67% | 0.87% |
Marsh & McLennan Companies's average Quarter net income forecast for Mar 24 is $1.20B, with a range of $959.22M to $1.44B. MMC's average Quarter net income forecast represents a 58.60% increase compared to the company's last Quarter net income of $756.00M (Dec 23).
Marsh & McLennan Companies SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 10 | 10 | 10 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.43B | $2.56B | $2.48B | $2.44B |
| Avg Forecast | $811.38M | $790.12M | $863.69M | $885.57M | $757.21M | $731.64M | $801.40M | $827.26M | $689.29M | $667.59M | $737.32M | $746.40M | $647.87M | $609.76M | $674.64M | $685.14M | $611.14M | $569.96M | $623.82M | $641.69M | $575.59M | $516.74M | $527.84M | $560.28M | $498.74M | $448.40M | $489.96M | $2.44B | $508.01M | $468.05M |
| High Forecast | $828.99M | $807.27M | $882.43M | $904.78M | $773.64M | $747.52M | $818.79M | $850.69M | $698.69M | $667.88M | $737.32M | $746.67M | $652.57M | $622.99M | $689.28M | $700.01M | $624.40M | $569.96M | $623.82M | $641.69M | $575.59M | $516.74M | $527.84M | $560.28M | $498.74M | $448.40M | $489.96M | $2.93B | $508.01M | $468.05M |
| Low Forecast | $791.19M | $770.46M | $842.19M | $863.53M | $738.37M | $713.43M | $781.45M | $801.48M | $682.25M | $667.31M | $737.32M | $746.14M | $638.49M | $594.58M | $657.85M | $668.09M | $595.93M | $569.96M | $623.82M | $641.69M | $575.59M | $516.74M | $527.84M | $560.28M | $498.74M | $448.40M | $489.96M | $1.95B | $508.01M | $468.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.96% | 1.05% | 4.88% | 5.21% |
Marsh & McLennan Companies's average Quarter SG&A projection for Sep 20 is $448.40M, based on 10 Wall Street analysts, with a range of $448.40M to $448.40M. The forecast indicates a -81.54% fall compared to MMC last annual SG&A of $2.43B (Jun 20).
Marsh & McLennan Companies EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 4 | 5 | 4 | 4 | 3 | 5 | 3 | 6 | 4 | 6 | 4 | 10 | 10 | 10 | 10 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.53 | $1.48 | $2.12 | $2.50 | $0.94 | $1.10 | $1.93 | $2.13 | $1.60 | $1.06 | $1.61 | $1.93 | $0.74 | $0.62 | $1.13 | $1.49 | $0.77 | $0.60 |
| Avg Forecast | $2.20 | $1.93 | $2.91 | $3.34 | $2.00 | $1.75 | $2.63 | $3.06 | $1.79 | $1.62 | $2.40 | $2.80 | $1.63 | $1.39 | $2.12 | $2.48 | $1.42 | $1.15 | $1.86 | $2.14 | $1.34 | $1.00 | $1.43 | $1.71 | $1.13 | $0.73 | $1.13 | $1.57 | $1.18 | $0.70 |
| High Forecast | $2.26 | $1.98 | $2.99 | $3.44 | $2.06 | $1.80 | $2.70 | $3.21 | $2.76 | $1.66 | $2.40 | $2.80 | $1.73 | $1.39 | $2.18 | $2.55 | $1.46 | $1.21 | $1.86 | $2.14 | $1.34 | $1.00 | $1.43 | $1.71 | $1.13 | $0.73 | $1.13 | $1.57 | $1.18 | $0.70 |
| Low Forecast | $2.13 | $1.87 | $2.81 | $3.23 | $1.93 | $1.69 | $2.54 | $2.93 | $1.54 | $1.58 | $2.40 | $2.80 | $1.53 | $1.39 | $2.05 | $2.40 | $1.37 | $1.09 | $1.86 | $2.14 | $1.34 | $1.00 | $1.43 | $1.71 | $1.13 | $0.73 | $1.13 | $1.57 | $1.18 | $0.70 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.06% | 1.00% | 1.01% | 0.66% | 0.96% | 1.04% | 0.99% | 1.19% | 1.06% | 1.13% | 1.13% | 0.66% | 0.85% | 1.00% | 0.95% | 0.65% | 0.86% |
According to 4 Wall Street analysts, Marsh & McLennan Companies's projected average Quarter EPS for Mar 24 is $2.80, with a low estimate of $2.80 and a high estimate of $2.80. This represents a 83.09% increase compared to MMC previous annual EPS of $1.53 (Dec 23).