Brown and brown which can be found using ticker (BRO), now has 10 confirmed analysts covering the stock with a consensus rating of Buy. The High/Low target price ranges between 70 and 59, suggesting an average price target for Analsyt of $66.20. Now with the previous closing price of $61.40 this would mean it now has a potential upside of 7.8%. The 50-day MA is $57.07 and the 200 moving average is now moving to $59.62. The company has a market cap of $17.323 million. Visit the company’s website at: https://www.bbinsurance.com
The potential market cap would be $18,677 million based on market consensus.
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Brown & Brown markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage and Services. The Retail segment provides property and casualty insurance products, employee benefits, personal insurance products, specialty insurance products, risk management strategies, 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 law professionals, as well as additional insurance products related to weddings, events, medical facilities and cyber liability . This segment also provides related public entities and specialized programs through a network of independent agents; and program management services for insurance partners. 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. Brown & Brown was founded in 1939 and is headquartered in Daytona Beach, Florida.
The company has a dividend yield of 0.75% with an ex-dividend date set at 2-2-2023 (DMY).
Other figures to note are a P/E ratio of 25.76, earnings per share of 12.85 and a 5.09% return on assets.