Wells Fargo analyst Elyse Greenspan maintains $Brown & Brown (BRO.US)$ with a buy rating, and adjusts the target price from $112 to $114.
According to TipRanks data, the analyst has a success rate of 64.5% and a total average return of 8.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Brown & Brown (BRO.US)$'s main analysts recently are as follows:
Insurance brokers maintain a generally optimistic stance concerning organic growth prospects for 2024. It is broadly anticipated that large-cap broker organic growth will continue to surpass the average in Q3. Nonetheless, there is an expectation for a gradual deceleration of the group's underlying growth towards long-term averages as we approach 2025-26. Changes in targets throughout the quarter, as well as a general expansion in market P/E multiples, have been observed.
Q3 results, especially those of reinsurers, might be eclipsed by the recent Hurricane Milton, with a more favorable view held on the Personal segment due to improvements in margins and policies-in-force. For Q3, catastrophe losses are anticipated to be lower than the five-year seasonal average, yet significantly higher than those in the third quarter of the prior year, possibly affecting primary insurers negatively.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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富國集團分析師Elyse Greenspan維持$Brown & Brown (BRO.US)$買入評級，並將目標價從112美元上調至114美元。
根據TipRanks數據顯示，該分析師近一年總勝率為64.5%，總平均回報率為8.6%。
此外，綜合報道，$Brown & Brown (BRO.US)$近期主要分析師觀點如下：
保險經紀人對2024年的有機增長前景保持普遍樂觀的立場。人們普遍預計，大盤股經紀商的有機增長將在第三季度繼續超過平均水平。儘管如此，隨着我們臨近2025-26年，預計該集團的基本增長將逐漸減速至長期平均水平。已經觀察到整個季度的目標發生了變化，市場市盈率普遍擴大。
第三季度的業績，尤其是再保險公司的業績，可能會被最近的米爾頓颶風所掩蓋，由於利潤率和現行政策的改善，個人板塊的看法更爲樂觀。第三季度的災難損失預計將低於五年的季節性平均水平，但明顯高於去年第三季度的災難損失，這可能會對主要保險公司產生負面影響。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
