Brokerage Firm Rating on Brown & Brown (BRO)

Brown & Brown (BRO) : Zacks Investment Research ranks Brown & Brown (BRO) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 3 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 3.03, which indicates as a Hold.

Brown & Brown (BRO) : The most positive equity analysts on Brown & Brown (BRO) expects the shares to touch $41, whereas, the least positive believes that the stock will trade at $31 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $35.88 with an expected fluctuation of $3.8 from the mean.


Company shares have received an average consensus rating of Hold for the current week Brown & Brown (NYSE:BRO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.86 and $36.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.78, notching a gain of 0.08% for the day. The total traded volume was 426,324 . The stock had closed at $36.75 on the previous day.

In a related news, The Officer (Evp And Pres. Wholesale Div.), of BROWN & BROWN INC, Strianese Anthony T had unloaded 1,444 shares at $37.02 per share in a transaction on June 30, 2016. The total value of transaction was $53,457. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Brown & Brown Inc. is a diversified insurance agency wholesale brokerage insurance programs and service organization. The Company markets and sells insurance products and services in the property casualty and employee benefits areas. The Companys has four operating segments: the Retail Division provides insurance products and services to commercial public entity professional and individual customers; the National Programs Division provides professional liability and related package products for certain professionals and markets targeted products and services to industries trade groups public entities and market niches; the Wholesale Brokerage Division markets and sells excess and surplus commercial and personal insurance and reinsurance through agents and brokers; and the Services Division provides customers with thirdparty claims administration consulting for the workers compensation insurance market comprehensive medical utilization management services.

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