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Marsh & McLennan Companies (MMC) Stock Forecast, Price Target & Predictions

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MMC Stock Forecast

Marsh & McLennan Companies stock forecast is as follows: an average price target of $234.33 (represents a 6.85% upside from MMC’s last price of $219.31) 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 $234.33 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 $220.00. This represents a potential 6.85% upside from MMC's last price of $219.31.

MMC Analyst Ratings

Hold

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2024Michael ZaremskiBMO Capital$228.00$222.062.67%3.96%
Oct 18, 2024Harry FongRoth Capital$230.00$225.881.82%4.87%
Oct 18, 2024Mark DwelleRBC Capital$242.00$226.926.65%10.35%
Oct 18, 2024Robert CoxGoldman Sachs$220.00$226.92-3.05%0.31%
Oct 10, 2024Joshua ShankerBank of America Securities$250.00$226.7610.25%13.99%
Oct 01, 2024Michael ZaremskiBMO Capital$217.00$224.01-3.13%-1.05%
Sep 04, 2024Alex ScottBarclays$236.00$231.421.98%7.61%
Jul 19, 2024Harry FongRoth Capital$220.00$217.421.19%0.31%
Jun 28, 2024Mark DwelleRBC Capital$228.00$210.948.09%3.96%
Apr 19, 2024Mark DwelleRBC Capital$210.00$201.734.10%-4.25%
Apr 19, 2024Elyse GreenspanWells Fargo$213.00$201.735.59%-2.88%
Apr 18, 2024David MotemadenEvercore ISI$221.00$201.739.55%0.77%
Apr 17, 2024Paul NewsomePiper Sandler$211.00$196.297.49%-3.79%
Feb 01, 2023Citigroup$190.00$175.288.40%-13.36%
Jan 09, 2023Jefferies$178.00$170.964.12%-18.84%
Dec 23, 2022Andrew KligermanCredit Suisse$157.00$165.70-5.25%-28.41%
Dec 15, 2022Citigroup$185.00$168.579.75%-15.64%
Nov 22, 2022Morgan Stanley$150.00$169.58-11.55%-31.60%
Nov 08, 2022John HeagertyAtlantic Equities$185.00$163.0113.49%-15.64%
Jul 22, 2022Raymond James$180.00$158.1213.84%-17.92%
Jul 12, 2022Jefferies$181.00$155.9516.06%-17.47%
May 23, 2022Morgan Stanley$163.00$149.778.83%-25.68%
May 03, 2022Wells Fargo$183.00$157.9315.87%-16.56%
Apr 22, 2022Wells Fargo$164.00$175.32-6.46%-25.22%
Apr 22, 2022Piper Sandler$197.00$175.7612.09%-10.17%
Apr 22, 2022Raymond James$190.00$178.706.32%-13.36%
Apr 22, 2022RBC Capital$185.00$178.703.53%-15.64%
Apr 21, 2022J.P. Morgan$163.00$179.60-9.24%-25.68%
Apr 28, 2021Phil StefanoDeutsche Bank$135.00$132.192.13%-38.44%
Apr 28, 2021Paul NewsomePiper Sandler$145.00$132.199.69%-33.88%

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 3.96% increase from MMC last price ($219.31).

Marsh & McLennan Companies Price Target by Period

1M3M12M
# Anlaysts--13
Avg Price Target--$225.08
Last Closing Price$219.31$219.31$219.31
Upside/Downside-100.00%-100.00%2.63%

In the current month, the average price target of Marsh & McLennan Companies stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Marsh & McLennan Companies's last price of $219.31. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Oct 22, 2024BMO CapitalMarket PerformMarket PerformHold
Oct 21, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 18, 2024RBC CapitalSector PerformSector PerformHold
Oct 18, 2024Goldman SachsSellSellHold
Oct 01, 2024Truist FinancialNeutralNeutralHold
Oct 01, 2024BMO CapitalMarket PerformMarket PerformHold
Sep 04, 2024BarclaysEqual-WeightInitialise
Jun 28, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Jun 28, 2024BMO CapitalOutperformUpgrade
Jun 28, 2024NeedhamBuyBuyHold
Jun 28, 2024Loop Capital MarketsHoldHoldHold
Jun 28, 2024RBC CapitalSector PerformSector PerformHold
Apr 19, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Apr 19, 2024RBC CapitalSector PerformSector PerformHold
Apr 19, 2024Bank of America SecuritiesNeutralNeutralHold
Apr 19, 2024Wells FargoEqual-WeightEqual-WeightHold
Apr 18, 2024Evercore ISIOutperformOutperformHold
Apr 17, 2024Piper SandlerNeutralDowngrade
Jul 24, 2023Raymond JamesOutperformOutperformHold
Jul 21, 2023Bank of America SecuritiesNeutralUpgrade
Jun 08, 2023Evercore ISIOutperformUpgrade
Feb 01, 2023CitigroupNeutralNeutralHold
Dec 23, 2022Credit SuisseNeutralInitialise
Dec 15, 2022CitigroupNeutralInitialise
Nov 22, 2022Morgan StanleyUnderweightUnderweightHold
Nov 08, 2022Atlantic EquitiesNeutralDowngrade
Jul 22, 2022Raymond JamesOutperformOutperformHold
Jul 12, 2022JefferiesBuyBuyHold
May 23, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 26, 2022Zacks Investment ResearchSellDowngrade

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
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
Avg Forecast$7.49B$7.19B$7.91B$8.35B$6.95B$6.75B$7.39B$7.64B$6.55B$6.34B$6.93B$7.19B$5.96B$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
High Forecast$7.71B$7.41B$8.15B$8.59B$7.15B$6.95B$7.61B$7.87B$6.74B$6.52B$7.14B$7.44B$6.07B$5.71B$6.31B$6.39B$5.58B$5.37B$5.94B$6.03B$5.36B$4.88B$5.34B$5.49B$4.92B$4.42B$4.51B$4.79B$4.27B$3.84B
Low Forecast$7.24B$6.95B$7.65B$8.06B$6.71B$6.53B$7.14B$7.38B$6.33B$6.12B$6.70B$6.89B$5.88B$5.71B$6.31B$6.38B$5.46B$5.04B$5.58B$5.66B$5.03B$4.88B$5.34B$5.49B$4.92B$4.42B$4.51B$4.79B$4.27B$3.84B
# Analysts63333345452784548454435364641010
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%

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts63333345452784548454435364641010
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
Avg Forecast$1.92B$1.84B$2.03B$2.14B$1.78B$1.73B$1.89B$1.96B$1.68B$1.62B$1.78B$1.84B$1.53B$1.46B$1.62B$1.90B$1.42B$1.34B$1.48B$1.73B$1.35B$1.22B$1.34B$1.57B$1.24B$1.11B$1.13B$1.36B$1.07B$962.31M
High Forecast$1.98B$1.90B$2.09B$2.20B$1.83B$1.78B$1.95B$2.02B$1.73B$1.67B$1.83B$1.91B$1.56B$1.46B$1.62B$2.28B$1.43B$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
Low Forecast$1.85B$1.78B$1.96B$2.07B$1.72B$1.67B$1.83B$1.89B$1.62B$1.57B$1.72B$1.77B$1.51B$1.46B$1.62B$1.52B$1.40B$1.29B$1.43B$1.38B$1.08B$1.22B$1.34B$1.26B$1.24B$1.11B$1.13B$1.09B$1.07B$962.31M
Surprise %----------------0.78%0.75%0.99%1.14%0.55%0.83%1.19%1.07%1.01%0.90%1.33%1.20%0.80%0.80%

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts63333345452784548454435364641010
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
Avg Forecast$1.19B$1.00B$1.55B$1.87B$1.10B$964.76M$1.45B$1.67B$994.57M$891.31M$1.32B$1.53B$871.84M$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
High Forecast$1.23B$1.04B$1.61B$1.94B$1.15B$1.00B$1.51B$1.73B$1.03B$925.55M$1.37B$1.62B$921.66M$821.49M$1.19B$1.44B$856.73M$690.57M$1.09B$1.31B$1.04B$600.43M$923.86M$1.19B$665.80M$495.13M$707.69M$986.45M$558.10M$359.99M
Low Forecast$1.14B$959.52M$1.48B$1.78B$1.06B$922.49M$1.39B$1.60B$951.00M$852.26M$1.26B$1.45B$797.11M$783.00M$1.19B$959.22M$760.98M$689.19M$1.00B$872.01M$696.09M$539.82M$923.86M$792.74M$665.80M$495.13M$707.69M$657.63M$558.10M$359.99M
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%

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts63333345452784548454435364641010
SG&A------------------------------
Avg Forecast$875.47M$840.97M$925.26M$975.76M$812.11M$789.64M$864.19M$893.42M$765.62M$740.87M$810.41M$840.08M$696.89M$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
High Forecast$901.33M$865.82M$952.59M$1.00B$836.11M$812.97M$889.72M$919.82M$788.24M$762.76M$834.36M$869.53M$709.86M$667.88M$737.32M$746.67M$652.57M$627.77M$694.58M$705.38M$627.00M$569.96M$623.82M$641.69M$575.59M$516.74M$527.84M$560.28M$498.74M$448.40M
Low Forecast$845.96M$812.63M$894.07M$942.87M$784.74M$763.03M$835.06M$863.31M$739.81M$715.90M$783.10M$805.91M$687.45M$667.31M$737.32M$746.14M$638.49M$589.21M$651.90M$662.05M$588.48M$569.96M$623.82M$641.69M$575.59M$516.74M$527.84M$560.28M$498.74M$448.40M
Surprise %------------------------------

Marsh & McLennan Companies's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to MMC last annual SG&A of $NaN (undefined).

Marsh & McLennan Companies EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts63333345452784548454435364641010
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
Avg Forecast$2.39$2.02$3.13$3.76$2.22$1.95$2.93$3.37$2.01$1.80$2.66$3.09$1.76$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
High Forecast$2.49$2.10$3.25$3.91$2.31$2.02$3.04$3.50$2.08$1.87$2.76$3.26$1.86$1.66$2.40$2.80$1.73$1.39$2.20$2.57$1.47$1.21$1.86$2.14$1.34$1.00$1.43$1.71$1.13$0.73
Low Forecast$2.29$1.93$2.99$3.60$2.13$1.86$2.80$3.22$1.92$1.72$2.54$2.93$1.61$1.58$2.40$2.80$1.53$1.39$2.02$2.37$1.35$1.09$1.86$2.14$1.34$1.00$1.43$1.71$1.13$0.73
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%

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).

Marsh & McLennan Companies Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BROBrown & Brown$103.17$112.759.29%Buy
WTWWillis Towers Watson Public$324.54$353.338.87%Buy
MMCMarsh & McLennan Companies$219.31$234.336.85%Hold
AONAon$366.74$381.203.94%Buy
AJGArthur J. Gallagher$294.10$304.173.42%Buy

MMC Forecast FAQ

Is Marsh & McLennan Companies a good buy?

No, according to 18 Wall Street analysts, Marsh & McLennan Companies (MMC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 22.22% of MMC's total ratings.

What is MMC's price target?

Marsh & McLennan Companies (MMC) average price target is $234.33 with a range of $220 to $250, implying a 6.85% from its last price of $219.31. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Marsh & McLennan Companies stock go up soon?

According to Wall Street analysts' prediction for MMC stock, the company can go up by 6.85% (from the last price of $219.31 to the average price target of $234.33), up by 13.99% based on the highest stock price target, and up by 0.31% based on the lowest stock price target.

Can Marsh & McLennan Companies stock reach $300?

MMC's average twelve months analyst stock price target of $234.33 does not support the claim that Marsh & McLennan Companies can reach $300 in the near future.

What are Marsh & McLennan Companies's analysts' financial forecasts?

Marsh & McLennan Companies's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $28.73B (high $29.58B, low $27.77B), average EBITDA is $7.36B (high $7.58B, low $7.12B), average net income is $5.19B (high $5.39B, low $4.96B), average SG&A $3.36B (high $3.46B, low $3.25B), and average EPS is $10.47 (high $10.87, low $10.01). MMC's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $30.94B (high $31.86B, low $29.9B), average EBITDA is $7.93B (high $8.16B, low $7.66B), average net income is $5.61B (high $5.82B, low $5.36B), average SG&A $3.62B (high $3.72B, low $3.5B), and average EPS is $11.3 (high $11.74, low $10.81).

Did the MMC's actual financial results beat the analysts' financial forecasts?

Based on Marsh & McLennan Companies's last annual report (Dec 2023), the company's revenue was $22.74B, beating the average analysts forecast of $22.39B by 1.55%. Apple's EBITDA was $5.28B, missing the average prediction of $5.96B by -11.45%. The company's net income was $3.76B, beating the average estimation of $3.64B by 3.30%. Apple's SG&A was $0, missing the average forecast of $2.62B by -100.00%. Lastly, the company's EPS was $7.6, missing the average prediction of $7.61 by -0.11%. In terms of the last quarterly report (Dec 2023), Marsh & McLennan Companies's revenue was $5.55B, beating the average analysts' forecast of $5.54B by 0.22%. The company's EBITDA was $1.1B, missing the average prediction of $1.42B by -22.33%. Marsh & McLennan Companies's net income was $756M, missing the average estimation of $806.33M by -6.24%. The company's SG&A was $0, missing the average forecast of $647.87M by -100.00%. Lastly, the company's EPS was $1.53, missing the average prediction of $1.63 by -5.88%