UBS Sets Price Target for Marsh McLennan (NYSE:MMC)

Core Viewpoint - UBS has set a price target of $257 for Marsh McLennan, indicating a potential price increase of about 26.08% from its current trading price of $203.84 [1][6] Company Summary - Marsh McLennan is a global professional services firm that provides risk, strategy, and people solutions, competing with firms like Willis Towers Watson and Aon plc [1] - The company's forward price-to-earnings (P/E) ratio is 19.49, which is below its five-year median of 23.09 and the industry average of 19.79, suggesting that the stock may be undervalued [2][6] - Despite its global scale and strategic acquisitions, Marsh McLennan faces challenges such as rising compensation costs and debt, which are impacting its margins [3][6] - The company aims for mid-single-digit underlying revenue growth in 2025, with its Risk and Insurance Services division expected to lead in revenue contribution [3][6] Industry Comparison - Other insurers like Willis Towers Watson and Aon plc have P/E ratios of 18.28 and 19, respectively, both trading below the industry average [4] - Brown & Brown, Inc. trades at a premium with a P/E ratio of 19.9, indicating a different market perception compared to Marsh McLennan and its peers [4]