Analyst Rating Update on Arthur J. Gallagher & Co. (AJG)

Arthur J. Gallagher & Co. (AJG) has an average broker rating of 2.08, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Arthur J. Gallagher & Co. (AJG) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $59 and the lowest price target forecast is $43. The average forecast of all the analysts is $50.33 and the expected standard deviation is $5.17.

For the current week, the company shares have a recommendation consensus of Buy.


Arthur J. Gallagher & Co. (NYSE:AJG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.87 and $48.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.00, notching a gain of 0.04% for the day. The total traded volume was 1,121,991 . The stock had closed at $48.98 on the previous day.

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.

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