J.P. Morgan analyst Jimmy Bhullar maintains $The Baldwin Insurance Group (BWIN.US)$ with a buy rating, and adjusts the target price from $39 to $54.
According to TipRanks data, the analyst has a success rate of 57.5% and a total average return of 6.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $The Baldwin Insurance Group (BWIN.US)$'s main analysts recently are as follows:
Insurance brokers maintain a generally positive outlook for organic growth in 2024. It is anticipated that large-cap broker organic growth will continue to outpace the average in the third quarter. Nonetheless, expectations are set for the group's underlying growth to decelerate, aligning with long-term averages in the 2025-2026 period. Adjustments in the group's targets are reflective of events transpired during the quarter as well as a widespread expansion in market P/E multiples.
The fundamental outlook for the property and casualty sector is positive looking into the Q3 reports, though optimistic expectations, bullish sentiment, and valuations moderate the perspective on stocks. Key advantages include continued firm pricing and the sector's defensive risk profile. However, the anticipated margins for underwriters and sales growth for brokers are seen as optimistic.
Q3 outcomes, especially for reinsurers, could be eclipsed by recent events such as Hurricane Milton. Observations suggest a positive outlook on the Personal sector due to enhancements in margins and the growth of policies-in-force. For the third quarter, catastrophe losses are anticipated to be lower than the average of the past five years but still significantly higher than the same period in the previous year, which could pose risks for primary insurers.
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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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摩根大通分析師Jimmy Bhullar維持$The Baldwin Insurance Group (BWIN.US)$買入評級，並將目標價從39美元上調至54美元。
根據TipRanks數據顯示，該分析師近一年總勝率為57.5%，總平均回報率為6.8%。
此外，綜合報道，$The Baldwin Insurance Group (BWIN.US)$近期主要分析師觀點如下：
保險經紀人對2024年的有機增長前景普遍持樂觀態度。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，預計該集團的基本增長將減速，與2025-2026年期間的長期平均水平一致。該集團目標的調整反映了本季度發生的事件以及市場市盈率的廣泛擴大。
儘管樂觀的預期、看漲情緒和估值緩和了對股票的前景，但從第三季度報告來看，財產和意外傷害行業的基本前景是樂觀的。主要優勢包括持續的公司定價和該行業的防禦性風險狀況。但是，承銷商的預期利潤率和經紀商的銷售增長被認爲是樂觀的。
第三季度的業績，尤其是再保險公司的業績，可能會被米爾頓颶風等最近發生的事件所掩蓋。觀察結果表明，由於利潤率的提高和現行政策的增長，個人行業的前景樂觀。第三季度的災難損失預計將低於過去五年的平均水平，但仍大大高於去年同期，這可能會給初級保險公司帶來風險。
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