Marsh & McLennan Companies, Inc. (NYSE:MMC)
December 5th, 2018
Amidst falling markets Marsh & McLennan Companies, Inc. finished Tuesday’s trading session down 2.60%, a $2.32 decrease to close on $86.78. Despite the drop in price it hit a new 52 week high of $89.59.
MMC outperformed the rest of the Financials sector which went down only 4.40% today.
Marsh & McLennan Companies, Inc. is listed on the S&P 500 index, and was one of 467 stocks that slumped today. Weighted by market cap, MMC represents about 0.15% of the S&P 500.
Forecasts from 13 analysts points to the possibility that Marsh & McLennan Companies, Inc. could rise somewhat (2.56%), while Finbox has calculated (with high uncertainty) a fair value price of $71.83.
The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.
Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary experienced turn arounds from their five day positive performance, Industrials with a drop of 4.35%.
- Utilities went up with a 0.15% change.
- Real Estate went down with a -1.26% change.
- Consumer Staples went down with a -1.63% change.
- Healthcare went down with a -2.30% change.
- Energy went down with a -2.93% change.
- Materials went down with a -3.08% change.
- Communication Services went down with a -3.14% change.
- Information Technology went down with a -3.86% change.
- Consumer Discretionary went down with a -3.91% change.
- Industrials went down with a -4.35% change.
- Financials went down with a -4.40% change.
Marsh & McLennan Companies is based in New York City. Marsh & McLennan Companies was founded in 1905.
Marsh & McLennan Companies, Inc. Info
Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling, and related advisory services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, retirement, talent, and investments consulting services and products; and specialized management, and economic and brand consulting services. The company was founded in 1871 and is headquartered in New York, New York.
All amounts in USD unless otherwise indicated
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