Marsh & McLennan stock: JPMorgan lifts target to USD 218.00

Published on 10/23/2026 at 15:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue rose 8.00 percent to USD 6.86 billion. Marsh & McLennan stock costs EUR 177.95 at Lang & Schwarz on October 23, 2026.

Target and results

JPMorgan adjusted its Marsh & McLennan target to USD 218.00 on October 20, 2026.
Third-quarter revenue rose 8.00 percent to USD 6.86 billion on September 30, 2026.
Marsh & McLennan stock costs EUR 177.95 at Lang & Schwarz on October 23, 2026 at 3:34 p.m. CEST.
The company priced EUR 1.2 billion of senior notes on October 20, 2026.

Aquarellbild der New Yorker Skyline mit warmem Abendlicht über dem Wasser — Marsh & McLennan (ISIN US5717481023) dargestellt als Aquarellmalerei der New Yorker Finanzdistrikt-Skyline bei Sonnenuntergang, Illustration mit AI erstellt.

JPMorgan adjusted its price target for Marsh & McLennan from USD 215.00 to USD 218.00 on October 20, 2026, according to MarketScreener. Against the USD 199.12 primary-market price at 9:44 a.m. ET on October 23, 2026, the target stands 9.49 percent higher. Marsh & McLennan stock was trading at EUR 177.95 at Lang & Schwarz on October 23, 2026 at 3:34 p.m. CEST.

Revenue reached USD 6.86 billion

Marsh reported third-quarter revenue of USD 6.86 billion for the period ended September 30, 2026, up 8.00 percent from USD 6.35 billion a year earlier. Business Wire reported that GAAP operating income rose 4.00 percent to USD 1.2 billion, while adjusted operating income increased 6.00 percent to USD 1.5 billion.

Adjusted earnings per share increased 10.00 percent to USD 2.03 in the third quarter, compared with USD 1.85 a year earlier. GAAP earnings per share were USD 1.69, and net income attributable to the company reached USD 808.0 million.

Stock sits below its yearly high

The NYSE-listed stock stood at USD 199.12 at 9:44 a.m. ET on October 23, 2026. Its USD 156.60 to USD 200.32 52-week range places the quote 0.60 percent below the high and 27.09 percent above the low. Trading volume was 112,398 shares at that timestamp.

Valuation and scheduled financing

Marsh & McLennan carried a price-to-earnings ratio of 23.86 and a trailing dividend yield of 2.00 percent on October 23, 2026. Market capitalization stood at USD 95.0 billion. The company also announced on October 20, 2026 that it had priced EUR 1.2 billion of senior notes, with the offering expected to close on October 27, 2026, subject to customary conditions, according to MarketScreener.

Comparison with peers

Marsh & McLennan: price-to-earnings ratio 23.86, market capitalization USD 95.0 billion.

Aon (NYSE, USD): down 0.45 percent, price-to-earnings ratio 16.90, market capitalization USD 64.8 billion.

Arthur J. Gallagher (NYSE, USD): up 0.15 percent, price-to-earnings ratio 44.97, market capitalization USD 69.6 billion.

What the target means

JPMorgan's USD 218.00 target is 9.49 percent above the USD 199.12 primary-market price, while the latest quarter delivered an 8.00 percent revenue increase and a 10.00 percent rise in adjusted earnings per share. The contrast leaves operating execution and valuation as the main measurable points for investors.