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Brown & Brown (BRO) Gains 34% in a Year: Will the Rally Last?
BROBrown & Brown(BRO) Zacks Investment Research·2024-04-17 12:16

Brown & Brown, Inc.’s (BRO) shares have jumped 34% in a year compared with the industry's growth of 6%. The Finance sector and the Zacks S&P 500 composite have risen 16.4% and 22.5%, respectively, in the same time frame. With a market capitalization of $23.09 billion, the average volume of shares traded in the last three months was 1.28 million.Image Source: Zacks Investment ResearchThe rally was largely driven by higher core commissions and fees, new business, solid retention, rate increases, strategic acq ...