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Shares of Brown & Brown (NYSE:BRO) have been given an average rating of “Hold” by the twelve brokerages that are covering the stock, American Banking and Market News reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $31.66.

BRO has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Brown & Brown from $32.00 to $33.00 in a research note on Monday, June 30th. They now have an “overweight” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Brown & Brown in a research note on Thursday, May 29th. They now have a $36.00 price target on the stock. Finally, analysts at Macquarie cut their price target on shares of Brown & Brown from $32.00 to $1.00 in a research note on Thursday, May 22nd.

Brown & Brown (NYSE:BRO) traded up 0.40% on Monday, hitting $30.40. The stock had a trading volume of 35,200 shares. Brown & Brown has a 52 week low of $27.76 and a 52 week high of $35.13. The stock’s 50-day moving average is $30.51 and its 200-day moving average is $30.41. The company has a market cap of $4.407 billion and a price-to-earnings ratio of 21.17.

Brown & Brown (NYSE:BRO) last posted its quarterly earnings results on Monday, April 21st. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.02. Analysts expect that Brown & Brown will post $1.63 EPS for the current fiscal year.

Brown & Brown, Inc (NYSE:BRO) is a diversified insurance agency providing wholesale brokerage and insurance programs and services.

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