BofA Securities analyst Grace Carter maintains $Brown & Brown (BRO.US)$ with a hold rating, and sets the target price at $117.
According to TipRanks data, the analyst has a success rate of 78.9% and a total average return of 11.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Brown & Brown (BRO.US)$'s main analysts recently are as follows:
Insurance brokers are maintaining a positive outlook on organic growth projections for 2024. The expectation is for large-cap broker organic growth to stay robust in the third quarter. Nonetheless, there's an anticipation of a gradual deceleration in the underlying growth towards long-term norms throughout 2025 to 2026. Changes in targets across the sector are reflective of events that unfolded during the quarter and a generalized increase in market P/E multiples.
The third-quarter results, especially for reinsurers, might be impacted by the recent Hurricane Milton. There is a positive outlook on the Personal lines due to improving margins and growth in policies-in-force. For the third quarter, catastrophe losses are anticipated to be lower than the five-year seasonal average but still significantly higher than the same quarter of the previous year, which may pose a challenge for primary insurers.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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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美銀證券分析師Grace Carter維持$Brown & Brown (BRO.US)$持有評級，目標價117美元。
根據TipRanks數據顯示，該分析師近一年總勝率為78.9%，總平均回報率為11.0%。
此外，綜合報道，$Brown & Brown (BRO.US)$近期主要分析師觀點如下：
保險經紀人對2024年的有機增長預測保持樂觀的前景。預計大型經紀商的有機增長將在第三季度保持強勁。儘管如此，預計在2025年至2026年，基本增長將逐漸減速，朝着長期標準邁進。該行業目標的變化反映了本季度發生的事件以及市場市盈率的普遍增長。
第三季度業績，尤其是再保險公司的業績，可能會受到最近的米爾頓颶風的影響。由於利潤率的提高和現行政策的增長，個人保險前景樂觀。第三季度的災難損失預計將低於五年的季節性平均水平，但仍大大高於去年同期的水平，這可能會對初級保險公司構成挑戰。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
