Arthur J. Gallagher & Co. (NYSE:AJG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.08 by 13 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. William Blair upgrades its rating on Arthur J. Gallagher & Co. (NYSE:AJG). Analysts at the William Blair have a current rating of Market Perform on the shares. The shares were previously rated Underweight. The rating by the firm was issued on March 21, 2016.
Arthur J. Gallagher & Co. (NYSE:AJG): The mean estimate for the short term price target for Arthur J. Gallagher & Co. (NYSE:AJG) stands at $49 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $55 while the lower price target estimate is at $43.
Arthur J. Gallagher & Co. (NYSE:AJG) witnessed a decline in the market cap on Tuesday as its shares dropped 0.02% or 0.01 points. After the session commenced at $46.85, the stock reached the higher end at $47.06 while it hit a low of $46.67. With the volume soaring to 1,304,830 shares, the last trade was called at $46.79. The company has a 52-week high of $49.34. The company has a market cap of $8,288 million and there are 177,129,000 shares in outstanding. The 52-week low of the share price is $35.9634.
Arthur J Gallagher & Co. has lost 0.02% in the last five trading days and dropped 1.3% in the last 4 weeks. Arthur J Gallagher & Co. is up 6.94% in the last 3-month period. Year-to-Date the stock performance stands at 16.28%.
Arthur J. Gallagher & Co. is engaged in providing insurance brokerage and consulting services and third-party claims settlement and administration services to entities in the United States and abroad. The Companys brokers, agents and administrators act as intermediaries between insurers and their customers. The Company operates in three segments: brokerage, risk management and corporate. The brokerage segment comprises of retail and wholesale insurance brokerage operations. The risk management segment provides contract claim settlement and administration services for enterprises and for insurance companies. The corporate segment reports the financial information related to its debt, clean energy investments, external acquisition-related expenses and other corporate costs.