Brown & Brown (NYSE:BRO) Price Target Cut to $85.00 by Analysts at JPMorgan Chase & Co.

Key Points

• JPMorgan cut its price target on Brown & Brown from $91 to $85 and kept a "neutral" rating; the new $85 target implies about a 26.6% upside from current levels.
• Several other firms (Barclays, BofA, Jefferies, Goldman, Wells Fargo, Morgan Stanley) have trimmed targets recently, leaving a consensus price target of $84.47 and an overall analyst consensus of "Hold" (4 Buys, 15 Holds).
• Fundamentals show a modest beat on EPS—reported $0.93 EPS vs. $0.91 expected—while revenue of $1.61B slightly missed estimates but was up 35.7% year-over-year; the stock recently traded around $67.14, well below analyst targets.

Brown & Brown (NYSE:BRO - Get Free Report) had its price target reduced by equities research analysts at JPMorgan Chase & Co. from $91.00 to $85.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the financial services provider's stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 26.60% from the stock's current price.

Other research analysts also recently issued research reports about the company. Barclays lowered their target price on Brown & Brown from $80.00 to $72.00 and set an "equal weight" rating for the company in a research note on Wednesday. Bank of America lowered their target price on Brown & Brown from $94.00 to $90.00 and set a "neutral" rating for the company in a research note on Tuesday, January 27th. Weiss Ratings reissued a "hold (c)" rating on shares of Brown & Brown in a research note on Monday, December 29th. Jefferies Financial Group lowered their target price on Brown & Brown from $89.00 to $84.00 and set a "hold" rating for the company in a research note on Wednesday, January 28th. Finally, Mizuho raised Brown & Brown from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $84.00 to $85.00 in a research note on Friday, February 27th. Four investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $84.47.

Brown & Brown Price Performance

BRO traded down $0.62 on Thursday, hitting $67.14. 1,139,174 shares of the stock were exchanged, compared to its average volume of 3,425,382. Brown & Brown has a 12 month low of $63.29 and a 12 month high of $121.70. The business has a 50-day moving average of $68.92 and a two-hundred day moving average of $78.15. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a market capitalization of $22.86 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 1.66 and a beta of 0.83.

Brown & Brown (NYSE:BRO - Get Free Report) last issued its earnings results on Monday, January 26th. The financial services provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.65 billion. Brown & Brown had a return on equity of 12.93% and a net margin of 17.84%.The business's quarterly revenue was up 35.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.86 earnings per share. Sell-side analysts forecast that Brown & Brown will post 4.18 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BRO. AQR Capital Management LLC increased its stake in shares of Brown & Brown by 38.3% in the first quarter. AQR Capital Management LLC now owns 33,444 shares of the financial services provider's stock valued at $4,132,000 after buying an additional 9,264 shares during the period. Focus Partners Wealth boosted its holdings in Brown & Brown by 5.2% in the first quarter. Focus Partners Wealth now owns 11,149 shares of the financial services provider's stock valued at $1,387,000 after acquiring an additional 547 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Brown & Brown by 1,824.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 53,103 shares of the financial services provider's stock valued at $5,888,000 after acquiring an additional 50,344 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Brown & Brown by 27.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,045 shares of the financial services provider's stock valued at $116,000 after acquiring an additional 223 shares during the last quarter. Finally, Cary Street Partners Financial LLC boosted its holdings in Brown & Brown by 60.9% in the second quarter. Cary Street Partners Financial LLC now owns 933 shares of the financial services provider's stock valued at $103,000 after acquiring an additional 353 shares during the last quarter. Institutional investors and hedge funds own 71.01% of the company's stock.

Trending Headlines about Brown & Brown

Here are the key news stories impacting Brown & Brown this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $74, signaling confidence from one sell-side firm and providing upside versus current levels. Keefe, Bruyette & Woods Raises Price Target to $74
• Positive Sentiment: MarketWatch noted a near-term uptick in the shares, indicating some buying momentum despite underperforming the broader market — a short-term technical/flow positive. Brown & Brown Inc. stock rises Wednesday
• Positive Sentiment: Analysts highlight that Brown & Brown’s acquisition strategy drove revenue growth (up ~22.8% to $5.9B) — a clear growth story that supports long-term EPS expansion, though integration costs remain a watch item. BRO's Acquisition Strategy Boosts Revenues
• Neutral Sentiment: Brown & Brown released its 2025 Global Impact ESG Report — positive for corporate governance/ESG profile but unlikely to move near-term earnings materially. Brown & Brown Releases 2025 Global Impact ESG Report
• Negative Sentiment: Wells Fargo cut its price target from $78 to $72 and moved to "equal weight," reducing upside expectations and applying downward pressure on sentiment. Wells Fargo Lowers Price Target to $72
• Negative Sentiment: Barclays trimmed its target from $80 to $72 and put an "equal weight" rating on the stock, another near-term headwind to investor sentiment. Barclays Lowers Price Target to $72
• Negative Sentiment: Goldman lowered its target from $82 to $73 and maintained a neutral view, joining peers in trimming upside expectations. Goldman Lowers Price Target to $73
• Negative Sentiment: Morgan Stanley has lowered expectations for BRO, a signal that some sell-side forecasts are being revised down as the firm digests acquisitions and margin pressures. Morgan Stanley Lowers Expectations

About Brown & Brown

Brown & Brown, Inc NYSE: BRO is a professional insurance brokerage and risk advisory firm that provides a broad range of property and casualty, employee benefits, personal risk, and specialty insurance products. The company works with commercial, public sector and individual clients to design and place insurance programs, manage claims and loss control, and deliver risk management consulting. Its services also include wholesale brokerage, program administration and other specialty distribution solutions that connect carriers and intermediaries to niche markets.

Brown & Brown operates through a decentralized model of operating units and subsidiaries, enabling local client service with the scale to access national and specialty markets.

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