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 $190.50 (represents a -17.06% downside from MMC’s last price of $229.68) and a rating consensus of 'Hold', based on 17 wall street analysts offering a 1-year stock forecast.

MMC Price Target


The average price target for Marsh & McLennan Companies (MMC) is $190.50 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $236.00 to $135.00. This represents a potential -17.06% downside from MMC's last price of $229.68.

MMC Analyst Ratings


Hold

According to 17 Wall Street analysts, Marsh & McLennan Companies's rating consensus is 'Hold'. The analyst rating breakdown for MMC stock is 0 'Strong Buy' (0.00%), 6 'Buy' (35.29%), 9 'Hold' (52.94%), 2 'Sell' (11.76%), 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
Sep 04, 2024Alex ScottBarclays$236.00$231.421.98%2.75%
Jul 19, 2024Harry FongRoth Capital$220.00$217.421.19%-4.21%
Jun 28, 2024Mark DwelleRBC Capital$228.00$210.948.09%-0.73%
Apr 19, 2024Mark DwelleRBC Capital$210.00$201.734.10%-8.57%
Apr 19, 2024Elyse GreenspanWells Fargo$213.00$201.735.59%-7.26%
Apr 18, 2024David MotemadenEvercore ISI$221.00$201.739.55%-3.78%
Apr 17, 2024Paul NewsomePiper Sandler$211.00$196.297.49%-8.13%
Feb 01, 2023-Citigroup$190.00$175.288.40%-17.28%
Jan 09, 2023-Jefferies$178.00$170.964.12%-22.50%
Dec 23, 2022Andrew KligermanCredit Suisse$157.00$165.70-5.25%-31.64%
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The latest Marsh & McLennan Companies stock forecast, released on Sep 04, 2024 by Alex Scott from Barclays, set a price target of $236.00, which represents a 1.98% increase from the stock price at the time of the forecast ($231.42), and a 2.75% increase from MMC last price ($229.68).

Marsh & McLennan Companies Price Target by Period


1M3M12M
# Anlaysts137
Avg Price Target$236.00$228.00$219.86
Last Closing Price$229.68$229.68$229.68
Upside/Downside2.75%-0.73%-4.28%

In the current month, the average price target of Marsh & McLennan Companies stock is $236.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 2.75% increase as opposed to Marsh & McLennan Companies's last price of $229.68. This month's average price target is up 3.51% compared to last quarter, and up 7.34% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 04, 2024Barclays-Equal-WeightInitialise
Jun 28, 2024BMO Capital-OutperformUpgrade
Jun 28, 2024NeedhamBuyBuyHold
Jun 28, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
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
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Marsh & McLennan Companies's last stock rating was published by Barclays on Sep 04, 2024. The company Initialise its MMC rating from "null" to "Equal-Weight".

Marsh & McLennan Companies Financial Forecast


Marsh & McLennan Companies Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$5.55B$5.38B$5.88B$5.92B$5.02B$4.77B-$5.55B$5.14B$4.58B$5.02B$5.08B$4.42B$3.97B$4.19B$4.65B$4.26B$3.97B
Avg Forecast$6.59B$6.38B$6.99B$7.21B$6.22B$6.04B$6.60B$6.85B$5.88B$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$6.67B$6.46B$7.08B$7.30B$6.30B$6.12B$6.68B$6.94B$5.95B$5.78B$6.39B$6.46B$5.58B$5.28B$5.84B$5.93B$5.29B$4.94B$5.34B$5.55B$4.98B$4.47B$4.57B$4.85B$4.32B$3.88B$4.24B$4.73B$4.40B$4.05B
Low Forecast$6.49B$6.29B$6.89B$7.11B$6.13B$5.96B$6.51B$6.75B$5.79B$5.65B$6.22B$6.29B$5.46B$5.14B$5.69B$5.78B$5.15B$4.81B$5.34B$5.43B$4.87B$4.37B$4.47B$4.74B$4.22B$3.79B$4.14B$4.63B$4.30B$3.96B
# Analysts644643744974845443536411101098765
Surprise %------------1.00%1.03%1.02%1.01%0.96%0.98%-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 $6.29B, and a high forecast of $6.46B. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643744974845443536411101098765
EBITDA------------$1.10B$996.00M$1.46B$1.97B$746.00M$1.02B-$1.69B$1.24B$997.00M$1.50B$1.62B$857.00M$768.00M$1.09B$1.30B$823.00M$714.00M
Avg Forecast$1.65B$1.60B$1.75B$1.81B$1.56B$1.52B$1.66B$1.72B$1.47B$1.43B$1.58B$1.90B$1.39B$1.31B$1.45B$1.73B$1.31B$984.79M$1.34B$1.57B$1.23B$895.27M$1.16B$1.36B$811.50M$673.32M$906.73M$1.25B$816.03M$642.60M
High Forecast$1.67B$1.62B$1.78B$1.83B$1.58B$1.54B$1.68B$1.74B$1.49B$1.45B$1.60B$2.28B$1.40B$1.32B$1.47B$2.08B$1.33B$1.18B$1.34B$1.89B$1.47B$1.07B$1.39B$1.63B$973.79M$807.98M$1.09B$1.50B$979.23M$771.12M
Low Forecast$1.63B$1.58B$1.73B$1.78B$1.54B$1.49B$1.63B$1.69B$1.45B$1.42B$1.56B$1.52B$1.37B$1.29B$1.43B$1.38B$1.29B$787.83M$1.34B$1.26B$980.35M$716.21M$924.20M$1.09B$649.20M$538.65M$725.38M$996.69M$652.82M$514.08M
Surprise %------------0.79%0.76%1.01%1.14%0.57%1.04%-1.07%1.02%1.11%1.30%1.20%1.06%1.14%1.20%1.05%1.01%1.11%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643744974845443536411101098765
Net Income------------$756.00M$730.00M$1.05B$1.24B$466.00M$546.00M-$1.07B$807.00M$537.00M$820.00M$983.00M$374.00M$316.00M$572.00M$754.00M$391.00M$303.00M
Avg Forecast$1.14B$993.02M$1.46B$1.68B$1.01B$892.13M$1.31B$1.52B$917.07M$804.27M$1.19B$1.20B$806.33M$689.88M$1.05B$1.09B$703.93M$530.42M$925.72M$990.93M$791.01M$482.20M$629.44M$822.04M$354.14M$277.04M$475.82M$720.38M$387.69M$272.70M
High Forecast$1.16B$1.01B$1.48B$1.70B$1.03B$906.66M$1.33B$1.55B$932.01M$829.09M$1.21B$1.44B$856.73M$701.12M$1.07B$1.31B$715.40M$636.51M$925.72M$1.19B$949.22M$578.64M$755.32M$986.45M$424.97M$332.45M$570.99M$864.46M$465.22M$327.24M
Low Forecast$1.12B$974.80M$1.43B$1.64B$992.84M$875.75M$1.29B$1.49B$900.24M$774.48M$1.17B$959.22M$760.98M$677.22M$1.03B$872.01M$691.01M$424.34M$925.72M$792.74M$632.81M$385.76M$503.55M$657.63M$283.31M$221.63M$380.66M$576.31M$310.15M$218.16M
Surprise %------------0.94%1.06%1.00%1.13%0.66%1.03%-1.08%1.02%1.11%1.30%1.20%1.06%1.14%1.20%1.05%1.01%1.11%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643744974845443536411101098765
SG&A--------------------------$2.43B$2.56B$2.48B$2.44B
Avg Forecast$769.87M$746.22M$817.16M$842.94M$727.11M$706.45M$771.76M$800.95M$687.15M$667.03M$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$2.02B$2.44B$2.46B$2.19B
High Forecast$779.52M$755.57M$827.40M$853.50M$736.23M$715.30M$781.43M$810.98M$695.76M$675.23M$746.56M$755.76M$652.57M$617.40M$683.10M$693.73M$618.80M$577.11M$623.82M$649.32M$582.44M$522.89M$534.12M$566.95M$504.68M$453.74M$2.42B$2.93B$2.95B$2.63B
Low Forecast$759.00M$735.68M$805.62M$831.04M$716.85M$696.48M$760.86M$789.64M$677.45M$660.01M$726.91M$735.86M$638.49M$601.15M$665.12M$675.47M$602.52M$561.92M$623.82M$634.60M$569.23M$511.03M$522.01M$554.09M$493.24M$443.45M$1.62B$1.95B$1.97B$1.75B
Surprise %--------------------------1.20%1.05%1.01%1.11%

Marsh & McLennan Companies's average Quarter SG&A projection for Sep 20 is $448.40M, based on 9 Wall Street analysts, with a range of $443.45M to $453.74M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts644643744974845443536411101098765
EPS------------$1.53$1.48$2.12$2.50$0.94$1.10-$2.13$1.60$1.06$1.61$1.93$0.74$0.62$1.13$1.49$0.77$0.60
Avg Forecast$2.30$2.00$2.94$3.38$2.04$1.80$2.64$3.07$1.85$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$2.33$2.03$2.99$3.43$2.07$1.83$2.69$3.12$1.88$1.67$2.44$2.85$1.73$1.41$2.15$2.52$1.44$1.17$1.86$2.18$1.36$1.01$1.45$1.73$1.14$0.74$1.15$1.59$1.20$0.71
Low Forecast$2.25$1.97$2.88$3.32$2.00$1.77$2.60$3.01$1.81$1.56$2.35$2.75$1.53$1.37$2.08$2.43$1.39$1.13$1.86$2.11$1.32$0.98$1.41$1.68$1.11$0.72$1.12$1.55$1.17$0.69
Surprise %------------0.94%1.06%1.00%1.01%0.66%0.96%-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 $2.75 and a high estimate of $2.85. 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
WTWWillis Towers Watson Public Limited Company$290.70$292.500.62%Buy
BRPBaldwin Insurance Group$32.66$31.00-5.08%Buy
AONAon$347.85$329.55-5.26%Buy
BROBrown & Brown$103.13$87.75-14.91%Buy
MMCMarsh & McLennan Companies$229.68$190.50-17.06%Hold
AJGArthur J. Gallagher$297.39$234.00-21.32%Buy

MMC Forecast FAQ


No, according to 17 Wall Street analysts, Marsh & McLennan Companies (MMC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 35.29% of MMC's total ratings.

Marsh & McLennan Companies (MMC) average price target is $190.5 with a range of $135 to $236, implying a -17.06% from its last price of $229.68. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for MMC stock, the company can go down by -17.06% (from the last price of $229.68 to the average price target of $190.5), up by 2.75% based on the highest stock price target, and down by -41.22% based on the lowest stock price target.

MMC's average twelve months analyst stock price target of $190.5 does not support the claim that Marsh & McLennan Companies can reach $300 in the near future.

1 Wall Street analyst forecast a $236 price target for Marsh & McLennan Companies (MMC) this month, up 2.75% from its last price of $229.68. Compared to the last 3 and 12 months, the average price target decreased by -0.73% and decreased by -4.28%, respectively.

Marsh & McLennan Companies's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $25.71B (high $26.04B, low $25.35B), average EBITDA is $6.45B (high $6.53B, low $6.36B), average net income is $4.74B (high $4.81B, low $4.65B), average SG&A $3.01B (high $3.04B, low $2.96B), and average EPS is $9.55 (high $9.71, low $9.37). MMC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $27.17B (high $27.51B, low $26.78B), average EBITDA is $6.82B (high $6.9B, low $6.72B), average net income is $5.26B (high $5.35B, low $5.17B), average SG&A $3.18B (high $3.22B, low $3.13B), and average EPS is $10.61 (high $10.79, low $10.42).

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 $5.88B by -10.11%. 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 $1.39B by -20.67%. 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%