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.

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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.

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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.

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