Marsh (NYSE:MRSH) Earns “Neutral” Rating from Mizuho

Marsh (NYSE:MRSH)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Mizuho in a report issued on Friday,Benzinga reports. They currently have a $199.00 price objective on the stock, down from their prior price objective of $213.00. Mizuho’s price target suggests a potential upside of 7.45% from the stock’s current price.

A number of other equities analysts also recently weighed in on MRSH. Citigroup boosted their target price on shares of Marsh from $201.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Weiss Ratings initiated coverage on shares of Marsh in a report on Thursday, January 29th. They issued a “hold (c)” rating for the company. Royal Bank Of Canada restated a “sector perform” rating and issued a $200.00 price objective on shares of Marsh in a research report on Friday, January 30th. Wells Fargo & Company increased their price objective on Marsh from $199.00 to $203.00 and gave the company an “equal weight” rating in a research report on Friday, January 30th. Finally, Cantor Fitzgerald lifted their target price on Marsh from $208.00 to $212.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $205.63.

Marsh Price Performance

Marsh stock opened at $185.20 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $89.66 billion, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 2.54 and a beta of 0.75. Marsh has a 52 week low of $170.37 and a 52 week high of $248.00.

Marsh (NYSE:MRSH) last announced its earnings results on Thursday, January 29th. The company reported $2.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.15. The company had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.52 billion. Marsh had a return on equity of 31.60% and a net margin of 15.42%.The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company posted $1.87 earnings per share.

Institutional Investors Weigh In On Marsh

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MRSH. Solstein Capital LLC bought a new position in Marsh during the fourth quarter worth about $25,000. KERR FINANCIAL PLANNING Corp bought a new position in Marsh during the 4th quarter worth approximately $27,000. Golden State Wealth Management LLC acquired a new position in Marsh during the fourth quarter valued at approximately $27,000. Atlas Capital Advisors Inc. bought a new stake in Marsh in the fourth quarter valued at approximately $28,000. Finally, Ameriflex Group Inc. bought a new stake in Marsh in the fourth quarter valued at approximately $32,000. Institutional investors own 87.99% of the company’s stock.

About Marsh

Marsh is a global insurance broker and risk advisor that helps organizations assess, manage and transfer a broad range of risks. The firm provides insurance placement and broking services for commercial and public-sector clients as well as specialty solutions for families and high-net-worth individuals. Its work focuses on identifying exposures, designing risk-transfer strategies and securing coverage from insurers and reinsurers to protect clients’ assets and operations.

Services offered by Marsh include commercial property and casualty broking, cyber and professional-liability placement, employee benefits consulting, and industry-specific specialty lines such as marine, energy and construction.