Analyst Price Target is $66.75
▲ +5.73% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Brown & Brown in the last 3 months. The average price target is $66.75, with a high forecast of $77.00 and a low forecast of $55.00. The average price target represents a 5.73% upside from the last price of $63.13.
Current Consensus is
The current consensus among 8 contributing investment analysts is to hold stock in Brown & Brown. This rating has held steady since July 2021, when it changed from a Buy consensus rating.
Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance programs and service organization. It 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. The Retail Segment receives fees in lieu of commissions. The National Programs segment acts as a managing general agent and provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries, trade groups, governmental entities and market niches. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance, primarily through independent agents and brokers, as well as company's retail agents. The Services segment provides insurance-related services, including third-party claims administration and comprehensive medical utilization management services in both the workers' compensation and all-lines liability arenas, as well as medicare Set-aside services, social securi