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Shares of Brown & Brown (NYSE:BRO) have been given an average recommendation of “Hold” by the eleven brokerages that are presently covering the company, American Banking News reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $35.13.

BRO has been the subject of a number of recent research reports. 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 32.37 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 $31.01 and its 200-day moving average is $30.38. The company has a market cap of $4.679 billion and a P/E ratio of 21.63.

Brown & Brown (NYSE:BRO) last announced its earnings results on Monday, July 21st. The company reported $0.42 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.42. Analysts expect that Brown & Brown will post $1.64 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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