RBC Capital analyst Mark Dwelle reiterated a Hold rating on Arthur J Gallagher & Co (NYSE: AJG) today and set a price target of $73. The company’s shares closed yesterday at $71.20, close to its 52-week high of $72.77.
According to TipRanks.com, Dwelle is a 5-star analyst with an average return of 12.1% and a 72.2% success rate. Dwelle covers the Financial sector, focusing on stocks such as American International Group, Selective Insurance Group, and Brighthouse Financial Inc.
Currently, the analyst consensus on Arthur J Gallagher & Co is a Moderate Buy with an average price target of $75.67, implying a 6.3% upside from current levels. In a report released yesterday, Sandler O’Neill also reiterated a Hold rating on the stock with a $72 price target.
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Arthur J Gallagher & Co’s market cap is currently $12.97B and has a P/E ratio of 19.19. The company has a Price to Book ratio of 2.87.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Susan Mcgrath, the CHRO of AJG sold 15,672 shares for a total of $1,084,973.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Arthur J. Gallagher & Co. engages in the provision of insurance brokerage, consulting, and third party claims settlement and administration services to both domestic and international entities. It operates through the following segments: Brokerage, Risk Management, and Corporate.
