Wells Fargo raises target for Marsh & McLennan stock to USD 197.00

Published on 10/20/2026 at 10:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Marsh reports 8.00 percent Q3 revenue growth and USD 2.03 adjusted EPS. Marsh & McLennan stock costs EUR 167.85 on October 20, 2026.

Analyst caution meets operating growth

Wells Fargo lifted its target from USD 183.00 to USD 197.00 on October 16, 2026.
Third-quarter revenue reached USD 6.86 billion, while adjusted earnings per share rose to USD 2.03.
Marsh & McLennan stock trades at EUR 167.85 at 10:31 a.m. CEST at Lang & Schwarz on October 20, 2026.

Schwarzweiß-Reportagefoto eines Beratungsteams bei einer Risikoanalyse-Präsentation — Marsh & McLennan (ISIN US5717481023) in dokumentarischer Schwarzweiß-Aufnahme eines Versicherungs-Teams bei Risikobesprechung im Sitzungsraum, Illustration mit AI erstellt.

Marsh & McLennan (ISIN US5717481023) received a higher price target from Wells Fargo on October 16, 2026, when the bank lifted its objective from USD 183.00 to USD 197.00 while keeping an Equal Weight rating, as MarketBeat reported. The revision followed the company's third-quarter results, which showed revenue growth and a double-digit increase in adjusted earnings per share.

Target rises after quarterly results

MarketScreener reported on October 15, 2026, that third-quarter revenue was USD 6.86 billion, up 8.00 percent from the year-earlier period. Adjusted earnings per share increased 10.00 percent to USD 2.03, while GAAP earnings per share came in at USD 1.69.

The result also showed a mixed operating picture. Adjusted operating income rose 6.00 percent to USD 1.53 billion, but operating income increased 4.00 percent to USD 1.22 billion. The distinction matters because the adjusted measure excludes noteworthy items and identified intangible amortization expense.

What does the target mean for valuation?

Wells Fargo's USD 197.00 target remains below the broader consensus target of USD 203.45 cited by MarketBeat on October 16, 2026. The same report described the consensus rating as Hold, indicating that the earnings improvement has not removed valuation concerns.

Three October events shape the picture

On October 15, 2026, Marsh reported third-quarter revenue of USD 6.86 billion through MarketScreener. On October 16, 2026, Wells Fargo raised its target from USD 183.00 to USD 197.00. On October 16, 2026, the company also traded within a USD 156.60 to USD 198.49 52-week range.

Stock price and company profile

Marsh & McLennan serves clients in 130 countries across risk, reinsurance and capital, people and investments, and management consulting. Its market capitalization was USD 90.0 billion as of October 19, 2026, while the latest reported nine-month revenue reached USD 21.86 billion for the period ended September 30, 2026.

At Lang & Schwarz, Marsh & McLennan stock was trading at EUR 167.85 on October 20, 2026, at 10:31 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Marsh & McLennan stock.