Arthur J. Gallagher & Co. (NYSE: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. (NYSE:AJG) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $55 and the lowest price target forecast is $43. The average forecast of all the analysts is $49 and the expected standard deviation is $3.94.
For the current week, the company shares have a recommendation consensus of Buy.
Arthur J. Gallagher & Co. (NYSE:AJG): stock turned positive on Tuesday. Though the stock opened at $44.49, the bulls momentum made the stock top out at $45.385 level for the day. The stock recorded a low of $44.44 and closed the trading day at $45.28, in the green by 2.77%. The total traded volume for the day was 1,828,067. The stock had closed at $44.06 in the previous days trading.
In an insider trading activity, English Frank E. Jr., director of Gallagher Arthur J & Co, had purchased 300 shares on March 16, 2016. The total value of the transaction was $12,864. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.