Brown and Brown – Consensus shows a potential upside of 16.1%.

Brown and brown found using ticker (BRO) now has 9 analysts covering the stock. Analyst consensus points to a “Hold” rating. The price target ranges between 75 and 66, calculating the average price target we have 70.67. With the stock’s previous close at 60.89, this indicates a potential upside of 16.1%. The 50-day MA is 63.11 and the 200 moving average is now moving to 63.57. The company’s market cap is $17,379 million. Company website: https://www.bbinsurance.com

The potential market cap would be $20,171 million based on market consensus.

Brown & Brown markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage and Services. The Retail segment offers property and casualty insurance products, employee benefits, personal insurance products, specialty insurance products, loss control research and analysis, consulting and claims processing services. It serves commercial, public and quasi-public entities, professional and individual clients. The National Programs segment offers professional liability and related bundled insurance products for dental, legal, eye care, insurance, financial, physician, real estate professionals, as well as additional insurance products related to weddings, events, medical facilities and cyber liability . This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance and claims and other administrative services to insurance carrier partners; and programs related to commercial and community organizations and flood insurance products. Served through independent agents. The wholesale brokerage segment trades and sells surplus and excess commercial and personal insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the areas of workers’ compensation and all lines of liability, Medicare Set-aside, Social Security Disability, Medicare benefits advocacy and claims adjustment services . The company was founded in 1939 and is headquartered in Daytona Beach, Florida.