Marsh & McLennan stock: BMO target for Marsh & McLennan stock moves from USD 179.00 to USD 204.00

Published on 10/21/2026 at 17:14 | 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 170.13 on October 21, 2026 at 5:06 p.m. CEST.

Analyst target and quarterly growth

BMO moved its target from USD 179.00 to USD 204.00 on October 16, 2026.
Third-quarter 2026 revenue rose 8.00 percent to USD 6.86 billion.
Marsh & McLennan stock costs EUR 170.13 at Lang & Schwarz on October 21, 2026 at 5:06 p.m. CEST.

Isometrische 3D-Illustration einer Versicherungs-Wertschöpfungskette mit stilisierten Figuren — Marsh & McLennan (ISIN US5717481023) veranschaulicht als farbenfrohe isometrische 3D-Grafik der gesamten Risikoberatungs-Wertschöpfungskette im Überblick, Illustration mit AI erstellt.

BMO Capital moved its Marsh & McLennan target from USD 179.00 to USD 204.00 in a note dated October 16, 2026, according to MarketScreener. The revised target is 7.06 percent above the primary-exchange price of USD 190.55 at 11:12 a.m. EDT on October 21, 2026. At Lang & Schwarz, the euro quote stood at EUR 170.13 on October 21, 2026 at 5:06 p.m. CEST.

Third-quarter growth sets the frame

Marsh reported third-quarter 2026 revenue of USD 6.86 billion, up 8.00 percent from USD 6.35 billion in the third quarter of 2025. The company also reported GAAP earnings per share of USD 1.69 and adjusted earnings per share of USD 2.03, with the adjusted figure up 10.00 percent year over year, according to Morningstar.

The result was mixed beneath the headline growth. Consulting revenue increased 9.00 percent to USD 2.70 billion, while Reinsurance revenue fell 6.00 percent to USD 374.00 million in the same quarter. Management Consulting revenue rose 14.00 percent to USD 1.01 billion.

Stock remains below its yearly high

The NYSE price of USD 190.55 was below the 52-week high of USD 198.49 and above the 52-week low of USD 156.60 on October 21, 2026. The current level therefore sits 3.99 percent below the high and 21.65 percent above the low. Market capitalization was USD 90.9 billion on the same date, while the trailing price-to-earnings ratio was 22.81.

Dividend date offers the next marker

The next dated shareholder event is the USD 0.99 quarterly dividend payment scheduled for November 13, 2026. The payment date and dividend amount were listed by Simply Wall St. The company had set October 1, 2026 as the record date.

For investors, the key tension is between a higher target and the quality of growth. Revenue advanced 8.00 percent, but the 6.00 percent decline in Reinsurance revenue shows that expansion remains uneven across the portfolio.

What does the target imply?

BMO's USD 204.00 target is 7.06 percent above the USD 190.55 NYSE price, using the same currency for the comparison. The valuation leaves less room for execution gaps than the revenue figure alone suggests, particularly while Reinsurance is contracting.