Argus raised the firm’s price target on Arthur J. Gallagher to $270 from $264 and keeps a Buy rating on the shares. The analyst cites the company’s Q1 revenue beat along with its prospects for strong organic growth, further margin improvement and additional acquisitions in 2024. Argus is also raising its FY24 EPS view on Arthur J. Gallagher by 12c to $10.31 and its FY25 view by 14c to $11.58.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AJG:
- Arthur J. Gallagher & Co. Acquires Acumen Advisors, Inc.
- Arthur J. Gallagher & Co. Acquires Health Insurance Consultants Australia
- Arthur J. Gallagher acquires Health Insurance Consultants Australia
- Arthur J. Gallagher price target lowered to $252 from $253 at Piper Sandler
- Arthur J Gallagher & Co Unveils Earnings and Future Insights