Wells Fargo Remains a Hold on Brown & Brown (BRO)


In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Hold rating on Brown & Brown (BRO), with a price target of $28. The company’s shares closed yesterday at $27.96.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 1.7% and a 52.2% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and AXA Equitable Holdings Inc.

Brown & Brown has an analyst consensus of Moderate Sell, with a price target consensus of $27.

See today’s analyst top recommended stocks >>

Brown & Brown’s market cap is currently $7.87B and has a P/E ratio of 17.31. The company has a Price to Book ratio of 2.66.

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.

Brown & Brown, Inc. engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.