Stockchase Opinions

Jamie Murray Arthur J Gallagher & Co AJG-N BUY May 16, 2024

US insurance broker. Grown by acquisition over last decade. Property and casualty. Really likes the broker business. Right now we're in a "hard" market, where pricing is accelerating. Doesn't have the risk of paying out claims, just collects the premium and takes its share. Trades at 22x. Outperformer.

$255.575

Stock price when the opinion was issued

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