NEW YORK (

TheStreet

) --

Marsh & McLennan Companies

(NYSE:

MMC

) hit a new 52-week high Thursday as it is currently trading at $31.97, above its previous 52-week high of $31.95 with 650,694 shares traded as of 1 p.m. ET. Average volume has been 3.3 million shares over the past 30 days.

Marsh & McLennan Companies has a market cap of $17.1 billion and is part of the

financial

sector and

insurance

industry. Shares are up 15.9% year to date as of the close of trading on Wednesday.

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions in the areas of risk, strategy, and human capital. It operates in two segments: Risk and Insurance Services, and Consulting. The company has a P/E ratio of 19.3, below the average insurance industry P/E ratio of 28.9 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Marsh & McLennan Companies as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Marsh & McLennan Companies Ratings Report

.

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