Strong focus is on
Marsh & McLennan Companies (MMC), a leading global professional services firm. MM's
average target price is reportedly $241.93 according to analysts. Despite its shares trading down 4.7%, various investment groups continue to increase holdings and stakes, signaling an interest and faith in the company’s future performance. The company reported
8% revenue growth, reaching a total of $24.5 billion. Additional notable achievements include
successful acquisitions, a resolved major lawsuit, and sturdy quarter and full-year results for 2024. Notably, MMC's revenue from
Risk & Insurance experienced an 11% surge, underpinning global growth acceleration. Predictions posit that MMC's growth may potentially slow, but company's performance is generally viewed as sturdy with robust insurance activities. Marsh & McLennan is also extending its reach through key transactions such as acquiring Arthur Hall Insurance, SECOR Asset Management, and striking a deal for McGriff Insurance Services costing $7.75 billion.
Marsh Mclennan Companies MMC News Analytics from Mon, 30 Sep 2024 07:00:00 GMT to Sat, 14 Jun 2025 18:51:32 GMT -
Rating 3
- Innovation 1
- Information 8
- Rumor -6
