This summary was created by AI, based on 1 opinions in the last 12 months.
Brown & Brown (BRO-N) has received attention from experts, especially highlighted as a Top Pick on October 2, 2023, with a notable increase of 25.58% in its value. The company operates within the property and casualty insurance sector, a field challenged by numerous natural disasters and events like the pandemic and hurricanes. Given these circumstances, one expert chose to sell their holdings, pointing out that the stock's valuation had escalated to high levels, prompting concerns about sustainability at such prices. As the market continues to react to ongoing disasters and the broader economic climate, investors are weighing the implications for Brown & Brown's long-term performance and stability within this volatile industry.
Are an insurance broker in property & casualty, which means they benefit from disasters when rates rise. They outperform other P&C companies.
(Analysts’ price target is $78.27)Brown & Brown is a American stock, trading under the symbol BRO-N on the New York Stock Exchange (BRO). It is usually referred to as NYSE:BRO or BRO-N
In the last year, 1 stock analyst published opinions about BRO-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Brown & Brown.
Brown & Brown was recommended as a Top Pick by on . Read the latest stock experts ratings for Brown & Brown.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Brown & Brown In the last year. It is a trending stock that is worth watching.
On 2025-03-13, Brown & Brown (BRO-N) stock closed at a price of $117.86.
He sold it because the valuation got too large. They're in property & casualty insurance, and there have been a lot of disasters, like the pandemic or hurricanes.