Zacks Rating on Brown & Brown (BRO)

Brown & Brown (BRO) : The consensus on Brown & Brown (BRO) based on 11 analyst recommendation on the company stock is 2.85, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Brown & Brown (BRO) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $41 and the lowest price target forecast is $31. The average forecast of all the analysts is $36.43 and the expected standard deviation is $3.74.


Shares of Brown & Brown Inc. appreciated by 1.44% during the last five trading days but lost 0.64% on a 4-week basis. Brown & Brown Inc. is up 3.58% in the last 3-month period. Year-to-Date the stock performance stands at 15.75%. Brown & Brown (NYSE:BRO): On Tuesdays trading session , Opening price of the stock was $36.9 with an intraday high of $37.01. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.71. However, the stock managed to close at $36.75, a loss of 0.05% for the day. On the previous day, the stock had closed at $36.77. The total traded volume of the day was 393,168 shares.

Brown & Brown Inc. is a diversified insurance agency wholesale brokerage insurance programs and service organization. The Company markets and sells insurance products and services in the property casualty and employee benefits areas. The Companys has four operating segments: the Retail Division provides insurance products and services to commercial public entity professional and individual customers; the National Programs Division provides professional liability and related package products for certain professionals and markets targeted products and services to industries trade groups public entities and market niches; the Wholesale Brokerage Division markets and sells excess and surplus commercial and personal insurance and reinsurance through agents and brokers; and the Services Division provides customers with thirdparty claims administration consulting for the workers compensation insurance market comprehensive medical utilization management services.

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