management consultancy group

Hi GHF, Happy New Year to you. Good to see you here.

I wouldn't bet the farm on MMC, but at this price I agree it seems pretty undervalued.

No analyst notes I'm afraid. I do find the latest forecasts amusing though. There are 3 Buys, 1 Overweight - and 1 Sell, from Panmure Gordon. Do you think that has anything to do with Panmure's being sacked as MMC's broker in December '05?!

Here are the latest forecasts - I've omitted Panmure's as they so obviously have an agenda :o))

2006 Broker Date Rec Pre-tax (£m) EPS DPS

Bridgewell Limited 20-12-06 OWGT 15.70 4.97p 0.80p
Evolution Securities Ltd 18-12-06 BUY 14.63 4.44p 0.90p
ABN AMRO 18-12-06 BUY 15.65 5.03p 0.84p
Collins Stewart 07-08-06 BUY 4.80p

2007 Broker Date Rec Pre-tax (£m) EPS DPS

Bridgewell Limited 20-12-06 OWGT 24.20 6.23p 0.88p
Evolution Securities Ltd 18-12-06 BUY 21.60 5.15p 0.95p
ABN AMRO 18-12-06 BUY 23.78 6.04p 0.88p
Collins Stewart 07-08-06 BUY 5.90p