Over recent months, investment companies have shown significant interest in Brown & Brown Inc. (NYSE:BRO), with notable purchases from Gilbert & Cook Inc., Steward Partners Investment Advisory LLC, and HSBC Holdings PLC among others. The company has demonstrated strong financial performance, with Citigroup increasing its price target for BRO to $100.00 interestingly, it has surpassed analyst revenue forecasts, with consistent quarterly earnings and revenues topping estimates. The company has also made several strategic moves including asset acquisitions from DealerMax and Hillco Insurance, and has completed the acquisition of Kentro Capital Limited. In addition to these, Brown & Brown has entered long-term strategic agreements and is scheduled to host an investor day. However, some concerns have been raised over the company's price-earnings ratio. Near-term, analysts' opinions vary, with recommendations ranging from 'hold' to 'buy'.
Brown Brown BRO News Analytics from Mon, 03 Apr 2023 07:00:00 GMT to Sun, 02 Jun 2024 18:51:09 GMT -
Rating 8
- Innovation 6
- Rumor -2
