and employee benefits insurance
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Brown & Brown (BRO) Price Target Reduced by $7
Yahoo Finance· 2026-02-02 11:54
Group 1 - Brown & Brown, Inc. (NYSE:BRO) is recognized as one of the 7 Best Low-Risk Dividend Stocks to Invest in [1] - The company operates as an insurance broker, focusing on risk management across property, casualty, and employee benefits insurance products [2] - BMO Capital reduced its price target for Brown & Brown from $88 to $81 while maintaining a 'Market Perform' rating, noting the stock appears discounted compared to its historical P/E ratio with the S&P 500 [3] Group 2 - Brown & Brown reported a higher adjusted profit for Q4, driven by a 36% year-over-year increase in commissions and fees, totaling $1.58 billion [4][5] - Total revenue for the quarter reached $1.61 billion, up from $1.18 billion in the same quarter last year, while organic revenue decreased to $1.08 billion from $1.11 billion year-over-year [4][5] - Adjusted earnings per share increased to $0.93, up from $0.86 in the prior-year period [5]
BMO Capital Maintained a Hold Rating on Brown & Brown, Inc. (BRO)
Yahoo Finance· 2026-01-31 20:51
Brown & Brown, Inc. (NYSE:BRO) is one of the Best 52-Week Low Stocks to Invest In. On January 28, Michael Zaremski from BMO Capital maintained a Hold rating on the stock and lowered the price target from $88 to $81. On the same day, Yaron Kinar from Mizuho Securities also maintained a Hold rating on Brown & Brown, Inc. (NYSE:BRO) and lowered the price target from $90 to $84. Zaremski from BMO noted that the company is not as undervalued as it appears when compared to the S&P 500. He noted that while the ...