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Goldman Sachs lowers Marsh and McLennan price target to 208 dollars

Goldman Sachs has reduced its price target for Marsh & McLennan Companies to $208 from $216. The firm is a leading provider of professional services, with net sales primarily from risk management and insurance brokerage (62.8%) and human resource management consulting (37.2%). Geographically, sales are concentrated in the United States (47.6%), the United Kingdom (14.7%), and other regions (37.7%).

walt bettinger joins cdr signaling major moves in private equity landscape

Walt Bettinger has joined Clayton, Dubilier & Rice (CD&R) as a senior advisor just four months after retiring as CEO of Charles Schwab, signaling a significant move in the RIA sector. His extensive experience and market knowledge are expected to bolster CD&R's ambitions in private equity, particularly following their acquisition of Focus Financial. With a strong team already in place, Bettinger's addition is seen as a strategic enhancement to CD&R's financial services operations.

Goldman Sachs highlights stable stocks amid global market uncertainty

Goldman Sachs analysts have identified stocks that provide stability and visibility amid global market uncertainty, highlighting companies like PepsiCo, Waste Management, and Travelers for their low volatility and strong financial returns. They also point to high-growth stocks such as Live Nation and Spotify, while recommending income-focused investments like Bank of America and Schlumberger for their strong dividend potential. Conversely, stocks like Lazard and Marsh & McLennan may face earnings vulnerabilities.

marsh and mclennan companies leading global provider of business services

Marsh & McLennan Companies is a leading global provider of professional business services, with sales primarily from risk management and insurance brokerage (61.8%) and human resources management consultancy (38.2%). Geographically, 47.9% of sales come from the United States, followed by 15.6% from the United Kingdom and 36.5% from other regions.
17:14 22.10.2024
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