Marsh & Mclennan Companies (MMC) Buy Rating Maintained by RBC Capital; With $93.0 Target; City Network Has 1.59 Sentiment

December 8, 2017 - By Clifton Ray

Cohen & Steers, Inc. is a publicly owned asset management holding company. The company has market cap of $2.13 billion. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It has a 22.34 P/E ratio. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries.

Among 15 analysts covering Marsh & McLennan (NYSE:MMC), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. Marsh & McLennan has $93 highest and $54.0 lowest target. $79.10’s average target is -5.53% below currents $83.73 stock price. Marsh & McLennan had 31 analyst reports since September 8, 2015 according to SRatingsIntel. BMO Capital Markets upgraded Marsh & McLennan Companies, Inc. (NYSE:MMC) on Friday, November 4 to “Outperform” rating. RBC Capital Markets maintained the shares of MMC in report on Monday, July 10 with “Buy” rating. The company was maintained on Friday, June 16 by Jefferies. RBC Capital Markets maintained it with “Buy” rating and $85.0 target in Monday, August 28 report. Bank of America upgraded the shares of MMC in report on Friday, January 27 to “Buy” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $88.0 target in Friday, October 27 report. The rating was maintained by Keefe Bruyette & Woods on Thursday, August 17 with “Buy”. The company was maintained on Monday, December 4 by Keefe Bruyette & Woods. The firm has “Buy” rating by Wells Fargo given on Friday, April 28. The stock has “Buy” rating by Sandler O’Neill on Monday, November 7.

Analysts await Cohen & Steers, Inc. (NYSE:CNS) to report earnings on January, 17. They expect $0.55 EPS, up 14.58% or $0.07 from last year’s $0.48 per share. CNS’s profit will be $25.47M for 20.91 P/E if the $0.55 EPS becomes a reality. After $0.55 actual EPS reported by Cohen & Steers, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Winslow Asset Management Inc holds 2.06% of its portfolio in Cohen & Steers, Inc. for 250,195 shares. Sandler Capital Management owns 337,576 shares or 1.49% of their US portfolio. Moreover, Midas Management Corp has 1.4% invested in the company for 65,000 shares. The New York-based Global Thematic Partners Llc has invested 0.83% in the stock. Capital Impact Advisors Llc, a Massachusetts-based fund reported 32,333 shares.

The stock increased 1.30% or $0.59 during the last trading session, reaching $46. About 180,520 shares traded or 72.30% up from the average. Cohen & Steers, Inc. (CNS) has risen 6.96% since December 8, 2016 and is uptrending. It has underperformed by 9.74% the S&P500.

Analysts await Marsh & McLennan Companies, Inc. (NYSE:MMC) to report earnings on February, 1. They expect $0.95 EPS, up 6.74% or $0.06 from last year’s $0.89 per share. MMC’s profit will be $484.84 million for 22.03 P/E if the $0.95 EPS becomes a reality. After $0.79 actual EPS reported by Marsh & McLennan Companies, Inc. for the previous quarter, Wall Street now forecasts 20.25% EPS growth.

Investors sentiment increased to 0.97 in Q2 2017. Its up 0.08, from 0.89 in 2017Q1. It is positive, as 36 investors sold Marsh & McLennan Companies, Inc. shares while 239 reduced holdings. 71 funds opened positions while 195 raised stakes. 420.82 million shares or 1.31% less from 426.39 million shares in 2017Q1 were reported. Stewart And Patten Limited Liability Com invested 0.12% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC). Sumitomo Life Ins has 0.38% invested in Marsh & McLennan Companies, Inc. (NYSE:MMC) for 37,433 shares. Edgestream Prtn Limited Partnership reported 14,312 shares. North Star Mngmt Corporation holds 1,050 shares or 0.01% of its portfolio. Nordea Mgmt holds 0.01% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC) for 25,821 shares. California-based Dodge Cox has invested 0% in Marsh & McLennan Companies, Inc. (NYSE:MMC). Suntrust Banks holds 0.05% in Marsh & McLennan Companies, Inc. (NYSE:MMC) or 105,391 shares. Gam Ag invested in 0.1% or 90,737 shares. D E Shaw And holds 0.1% of its portfolio in Marsh & McLennan Companies, Inc. (NYSE:MMC) for 812,625 shares. Renaissance Technology Llc holds 0.01% or 113,700 shares in its portfolio. The Ontario – Canada-based Sun Life Fincl has invested 0.03% in Marsh & McLennan Companies, Inc. (NYSE:MMC). Atlantic Tru Grp stated it has 31,260 shares. Cognios accumulated 3,403 shares. Credit Agricole S A holds 0.04% or 151,730 shares in its portfolio. Hudson Valley Invest Advsr Adv holds 0.71% in Marsh & McLennan Companies, Inc. (NYSE:MMC) or 32,923 shares.

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions in the areas of risk, strategy, and people worldwide. The company has market cap of $42.73 billion. It operates through two divisions, Risk and Insurance Services; and Consulting. It has a 22.94 P/E ratio. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, risk control, and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services.

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