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Brown & Brown

BRONYSE
Logo brought to you by Benzinga Data
$109.61
At close: Nov 20, 5:07 PM EDT
$109.61
00.00%
After Hours: 5:07 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$120.00
Lowest Price Target1
$65.00
Consensus Price Target1
$100.33

Brown & Brown (NYSE:BRO) Stock, Analyst Ratings, Price Targets, Forecasts

Brown & Brown Inc has a consensus price target of $100.33 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 Truist Securities, RBC Capital, and Truist Securities on October 30, 2024, October 30, 2024, and October 16, 2024, respectively. With an average price target of $117.33 between Truist Securities, RBC Capital, and Truist Securities, there's an implied 7.05% upside for Brown & Brown Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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1
May
4
2
1
Jul
1
Aug
1
1
Sep
4
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Truist Securities
RBC Capital
B of A Securities
Wells Fargo
Jefferies

1calculated from analyst ratings

Analyst Ratings for Brown & Brown

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FAQ

Q

What is the target price for Brown & Brown (BRO) stock?

A

The latest price target for Brown & Brown (NYSE:BRO) was reported by Truist Securities on October 30, 2024. The analyst firm set a price target for $118.00 expecting BRO to rise to within 12 months (a possible 7.65% upside). 39 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Brown & Brown (BRO)?

A

The latest analyst rating for Brown & Brown (NYSE:BRO) was provided by Truist Securities, and Brown & Brown maintained their buy rating.

Q

When was the last upgrade for Brown & Brown (BRO)?

A

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.

Q

When was the last downgrade for Brown & Brown (BRO)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Brown & Brown (BRO)?

A

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 October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.

Q

Is the Analyst Rating Brown & Brown (BRO) correct?

A

While ratings are subjective and will change, the latest Brown & Brown (BRO) rating was a maintained with a price target of $116.00 to $118.00. The current price Brown & Brown (BRO) is trading at is $109.61, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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