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Brown & Brown Inc has a consensus price target of $95.8 based on the ratings of 16 analysts. The high is $120 issued by Argus Research on September 24, 2024. The low is $65 issued by Morgan Stanley on November 22, 2022. The 3 most-recent analyst ratings were released by Argus Research, Barclays, and Wells Fargo on September 24, 2024, September 4, 2024, and August 12, 2024, respectively. With an average price target of $113.33 between Argus Research, Barclays, and Wells Fargo, there's an implied 9.12% upside for Brown & Brown Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Brown & Brown (NYSE:BRO) was reported by Argus Research on September 24, 2024. The analyst firm set a price target for $120.00 expecting BRO to rise to within 12 months (a possible 16.55% upside). 33 analyst firms have reported ratings in the last year.
The latest analyst rating for Brown & Brown (NYSE:BRO) was provided by Argus Research, and Brown & Brown initiated their buy rating.
The last upgrade for Brown & Brown Inc happened on August 12, 2024 when Wells Fargo raised their price target to $112. Wells Fargo previously had an equal-weight for Brown & Brown Inc.
The last downgrade for Brown & Brown Inc happened on March 13, 2024 when B of A Securities changed their price target from $80 to $86 for Brown & Brown Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Brown & Brown, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Brown & Brown was filed on September 24, 2024 so you should expect the next rating to be made available sometime around September 24, 2025.
While ratings are subjective and will change, the latest Brown & Brown (BRO) rating was a initiated with a price target of $0.00 to $120.00. The current price Brown & Brown (BRO) is trading at is $102.96, which is within the analyst’s predicted range.
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