Shares of Marsh & McLennan Companies Inc. (NYSE:MMC) traded at a new 52-week high today of $162.26. This new high was reached on below average trading volume as 353,000 shares traded hands, while the average 30-day volume is approximately 1.6 million shares.
Marsh & McLennan is a professional-services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy).
Based on a current price of $161.89, Marsh & McLennan Companies Inc. is currently 20.2% above its average consensus analyst price target of $129.17.
Over the past year, Marsh & McLennan Companies Inc. has traded in a range of $102.11 to $162.26 and is now at $161.89, 59% above that low.
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