RBC Capital analyst Mark Dwelle maintained a Buy rating on Arthur J Gallagher & Co (AJG – Research Report) on January 27 and set a price target of $225.00. The company’s shares closed yesterday at $195.30.
According to TipRanks, Dwelle is a top 100 analyst with an average return of 13.3% and a 68.79% success rate. Dwelle covers the Financial sector, focusing on stocks such as Arthur J Gallagher & Co, Reinsurance Group, and Travelers Companies.
Arthur J Gallagher & Co has an analyst consensus of Moderate Buy, with a price target consensus of $218.50, which is an 11.88% upside from current levels. In a report released yesterday, Truist Financial also maintained a Buy rating on the stock with a $230.00 price target.
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The company has a one-year high of $202.37 and a one-year low of $146.30. Currently, Arthur J Gallagher & Co has an average volume of 769.3K.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AJG in relation to earlier this year. Last month, Douglas Howell, the VP & CFO of AJG sold 4,700.00 shares for a total of $922,704.00.
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Arthur J. Gallagher & Co. engages in the provision of insurance brokerage, consulting, and third party claims settlement and administration services to both domestic and international entities. It operates through the following business segments: Brokerage, Risk Management and Corporate. The Brokerage segment comprises of retail and wholesale insurance brokerage operations. The Risk Management segment provides contract claim settlement and administration services for enterprises and public entities that choose to self-insure some or all of their property/casualty coverages and for underwriting enterprises that choose to outsource some or all of their property/casualty claims departments. The Corporate segment manages clean energy and other investments. The company was founded by Arthur J. Gallagher on October 1, 1927 and is headquartered in Rolling Meadows, IL.
Read More on AJG:
- Arthur J. Gallagher price target raised to $233 from $215 at Wells Fargo
- Arthur J. Gallagher price target raised to $215 from $195 at Piper Sandler
- Arthur J. Gallagher reports Q4 adjusted EPS $1.54, consensus $1.50
- Arthur J. Gallagher & Co. Announces Fourth Quarter and Full Year 2022 Financial Results
- Arthur J. Gallagher & Co. Increases Cash Dividend to $0.55 per Share