Marsh McLennan price target raised to $228 from $210 at RBC Capital

RBC Capital raised the firm’s price target on Marsh McLennan to $228 from $210 and keeps a Sector Perform rating on the shares after meeting with its management team to discuss the company’s core strengths, Marsh Agency/middle market business, M&A, and its investments in the business. The company has enjoyed a solid start to the year with broad-based strength across multiple segments, and the firm sees organic growth trends remaining healthy over the next few quarters, the analyst tells investors in a research note.