BUZZ-RBC Capital Markets upgrades Marsh & McLennan to 'outperform'

Reuters12-12

BUZZ-RBC Capital Markets upgrades Marsh & McLennan to 'outperform'

** RBC Capital Markets upgrades insurance brokerage Marsh & McLennan MMC.N to "outperform" from "sector perform"

** Raises PT to $250 from $242

** Says MMC is a "high-quality" insurance broker with good visibility into solid top and bottom-line growth heading into 2025

** Says the business mix provides diversification and leaves co less sensitive to softening in Property and Casualty (P&C) pricing, given co's Consulting unit is less economically sensitive now, with a strong market stature

** Sees healthy revenue growth at Risk and Insurance Services (RIS) unit and the 17 consecutive years of margin improvement to continue improving in 2025 and 2026, given the success of MMC's cost reduction plan

** Six of 21 brokerages rate the stock "buy", 13 "hold" and two "sell" with a median PT of $243.50 - LSEG

** Up to Wednesday's close, stock has risen ~13% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2490802943?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-12 20:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2490802943","market":"us","top_or_hot":-1,"title":"BUZZ-RBC Capital Markets upgrades Marsh & McLennan to 'outperform'","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-RBC Capital Markets upgrades Marsh &amp; McLennan to 'outperform'</title></head><body><p>** RBC Capital Markets upgrades insurance brokerage Marsh &amp; McLennan <span>MMC.N</span> to \"outperform\" from \"sector perform\"</p><p>** Raises PT to $250 from $242</p><p>** Says MMC is a \"high-quality\" insurance broker with good visibility into solid top and bottom-line growth heading into 2025</p><p>** Says the business mix provides diversification and leaves co less sensitive to softening in Property and Casualty (P&amp;C) pricing, given co's Consulting unit is less economically sensitive now, with a strong market stature</p><p>** Sees healthy revenue growth at Risk and Insurance Services (RIS) unit and the 17 consecutive years of margin improvement to continue improving in 2025 and 2026, given the success of MMC's cost reduction plan</p><p>** Six of 21 brokerages rate the stock \"buy\", 13 \"hold\" and two \"sell\" with a median PT of $243.50 - LSEG </p><p>** Up to Wednesday's close, stock has risen ~13% YTD</p><p> (Reporting by Neil J Kanatt in Bengaluru)</p><p> ((Neil.JKanatt@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-RBC Capital Markets upgrades Marsh & McLennan to 'outperform'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-RBC Capital Markets upgrades Marsh & McLennan to 'outperform'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 20:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241212:nL4N3ND0UG:1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BUZZ-RBC Capital Markets upgrades Marsh & McLennan to 'outperform'** RBC Capital Markets upgrades insurance brokerage Marsh & McLennan MMC.N to \"outperform\" from \"sector perform\"** Raises PT to $250 ...</p>\n\n<a href=\"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241212:nL4N3ND0UG:1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMC","symbol_name":"威达信集团","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241212:nL4N3ND0UG:1","article_id":"2490802943","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490802943","pubTimestamp":1734005560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-RBC Capital Markets upgrades Marsh & McLennan to 'outperform'** RBC Capital Markets upgrades insurance brokerage Marsh & McLennan MMC.N to \"outperform\" from \"sector perform\"** Raises PT to $250 from $242** Says MMC is a \"high-quality\" insurance broker with good visibility into solid top and bottom-line growth heading into 2025** Says the business mix provides diversification and leaves co less sensitive to softening in Property and Casualty (P&C) pricing, given co's Consulting unit is less economically sensitive now, with a strong market stature** Sees healthy revenue growth at Risk and Insurance Services  unit and the 17 consecutive years of margin improvement to continue improving in 2025 and 2026, given the success of MMC's cost reduction plan** Six of 21 brokerages rate the stock \"buy\", 13 \"hold\" and two \"sell\" with a median PT of $243.50 - LSEG ** Up to Wednesday's close, stock has risen ~13% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"MMC":"威达信集团"},"translate_title":"BUZZ-RBC资本市场将达信麦克伦南评级上调至“跑赢大盘”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MMC":0.9},"content_text":"BUZZ-RBC Capital Markets upgrades Marsh & McLennan to 'outperform'** RBC Capital Markets upgrades insurance brokerage Marsh & McLennan MMC.N to \"outperform\" from \"sector perform\"** Raises PT to $250 from $242** Says MMC is a \"high-quality\" insurance broker with good visibility into solid top and bottom-line growth heading into 2025** Says the business mix provides diversification and leaves co less sensitive to softening in Property and Casualty (P&C) pricing, given co's Consulting unit is less economically sensitive now, with a strong market stature** Sees healthy revenue growth at Risk and Insurance Services (RIS) unit and the 17 consecutive years of margin improvement to continue improving in 2025 and 2026, given the success of MMC's cost reduction plan** Six of 21 brokerages rate the stock \"buy\", 13 \"hold\" and two \"sell\" with a median PT of $243.50 - LSEG ** Up to Wednesday's close, stock has risen ~13% YTD (Reporting by Neil J Kanatt in Bengaluru) ((Neil.JKanatt@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490802943"}