Brown & Brown (BRO) Stock Forecast & Price Target

$82.13
-0.80 (-0.96%)
(As of 04/24/2024 ET)

Brown & Brown Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

$87.10
6.05% Upside
High Forecast$95.00
Average Forecast$87.10
Low Forecast$78.00
TypeCurrent Forecast
4/26/23 to 4/25/24
1 Month Ago
3/27/23 to 3/26/24
3 Months Ago
1/26/23 to 1/26/24
1 Year Ago
4/26/22 to 4/26/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$87.10$84.90$82.89$66.64
Predicted Upside6.05% Upside8.30% Upside9.46% Upside14.11% Upside
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BRO Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BRO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Brown & Brown Stock vs. The Competition

TypeBrown & BrownFinance CompaniesS&P 500
Consensus Rating Score
2.30
2.44
2.49
Consensus RatingHoldHoldHold
Predicted Upside6.05% Upside70.95% Upside10.00% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/24/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$84.00 ➝ $85.00+3.95%
4/24/2024Truist Financial
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 Boost TargetBuy ➝ Buy$92.00 ➝ $94.00+13.35%
4/16/2024Citigroup
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 Boost TargetBuy ➝ Buy$89.00 ➝ $94.00+16.01%
4/10/2024Keefe, Bruyette & Woods
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 Boost TargetUnderperform ➝ Underperform$75.00 ➝ $80.00-4.82%
3/26/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$90.00 ➝ $95.00+10.58%
3/20/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$87.00 ➝ $95.00+9.98%
3/13/2024Bank of America
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 DowngradeNeutral ➝ Underperform$80.00 ➝ $86.00+0.12%
1/29/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$75.00 ➝ $81.00+6.19%
1/9/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold$85.00 ➝ $78.00+8.03%
1/8/2024The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy$84.00 ➝ $83.00+19.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:40 AM ET.

BRO Price Target - Frequently Asked Questions

What is Brown & Brown's consensus rating and price target?

According to the issued ratings of 10 analysts in the last year, the consensus rating for Brown & Brown stock is Hold based on the current 2 sell ratings, 3 hold ratings and 5 buy ratings for BRO. The average twelve-month price prediction for Brown & Brown is $87.10 with a high price target of $95.00 and a low price target of $78.00. Learn more on BRO's analyst rating history.

Do Wall Street analysts like Brown & Brown more than its competitors?

Analysts like Brown & Brown less than other Finance companies. The consensus rating score for Brown & Brown is 2.30 while the average consensus rating score for finance companies is 2.43. Learn more on how BRO compares to other companies.

Is Brown & Brown being downgraded by Wall Street analysts?

Over the previous 90 days, Brown & Brown's stock had 1 downgrade by analysts.

Does Brown & Brown's stock price have much upside?

According to analysts, Brown & Brown's stock has a predicted upside of 8.06% based on their 12-month stock forecasts.

What analysts cover Brown & Brown?

Stock Ratings Reports and Tools

This page (NYSE:BRO) was last updated on 4/25/2024 by MarketBeat.com Staff

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