Wells Fargo Sticks to Their Hold Rating for Brown & Brown (BRO)


In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Brown & Brown (NYSE: BRO), with a price target of $28. The company’s shares opened today at $28.91.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 3.7% and a 52.0% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Renaissancere Holdings Ltd, and Marsh & Mclennan Companies.

The word on The Street in general, suggests a Hold analyst consensus rating for Brown & Brown with a $29.80 average price target.

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The company has a one-year high of $31.55 and a one-year low of $24.28. Currently, Brown & Brown has an average volume of 1M.

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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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