# Brown & Brown, Inc. – Consensus ‘buy’ rating and 8.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/brown-brown-inc.consensus-buy-rating-and-8.4-upside-potential/4121133725
- Published: 2023-11-22T12:51:32+00:00
- Author: Charlotte Edwards

**Brown & Brown, Inc.** with ticker code (BRO) now have 10 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The range between the
high target price and low target price is between $85.00 and $73.00 suggesting an
average Analsyt target price of $79.60. Given that the stocks previous close was
at $73.44 this indicates there is a potential upside of 8.4%. Also worth taking 
note is the 50 day moving average now sits at $70.99 while the 200 day moving average
is $65.93. The market cap for the company is 21.09B. The stock price for the company
is currently $74.11 USD

 The potential market cap would be $22,860,677,153 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 28.18, revenue per share of $14.67
and a 5.18% return on assets.

Brown & Brown, Inc. is a diversified insurance agency, wholesale brokerage, insurance
programs and service organization. The Company markets and sells insurance products
and services, primarily in the property, casualty and employee benefits areas. The
Company’s segment includes Retail, National Programs, Wholesale Brokerage and Services.
The Retail segment provides a range of insurance products and services to commercial,
public and quasi-public, professional and individual insured customers, and non-
insurance services and products through its automobile dealer services F&I businesses.
The National Programs segment, which acts as a managing general agent, provides 
professional liability and related package products. The Wholesale Brokerage segment
markets and sells excess and surplus commercial and personal lines insurance, primarily
through independent agents and brokers, including Brown & Brown retail agents. The
Services segment provides insurance-related services.

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