Share on StockTwits

Shares of Brown & Brown (NYSE:BRO) have earned an average rating of “Hold” from the eleven analysts that are presently covering the stock, AnalystRatingsNetwork.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $35.13.

Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Brown & Brown in a research note on Wednesday, July 23rd. They now have a $37.00 price target on the stock, up previously from $36.00. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of Brown & Brown in a research note on Wednesday, July 23rd. They now have a $34.00 price target on the stock, up previously from $32.00. Finally, analysts at Sterne Agee reiterated a “neutral” rating on shares of Brown & Brown in a research note on Wednesday, July 23rd. They now have a $34.00 price target on the stock, up previously from $33.00.

Brown & Brown (NYSE:BRO) opened at 32.23 on Friday. Brown & Brown has a one year low of $27.76 and a one year high of $33.69. The stock’s 50-day moving average is $30.9 and its 200-day moving average is $30.32. The company has a market cap of $4.659 billion and a P/E ratio of 21.63.

Brown & Brown (NYSE:BRO) last posted its quarterly earnings results on Monday, July 21st. The company reported $0.42 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.42. On average, analysts predict that Brown & Brown will post $1.64 earnings per share for the current fiscal year.

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

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.