Brown & Brown Inc (BRO) Stock AnalysisBROBrown & Brown Inc

Brown & Brown, Inc. is a diversified insurance agency, wholesale brokerage, insurance programs and service organization that markets and sells insurance products and services, primarily in the property, casualty and employee benefits areas. The Retail segment provides a broad range of insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers, as well as non-insurance warranty services and products through its automobile and recreational vehicle dealer services businesses. The Specialty Distribution segment consists of its programs, wholesale brokerage and specialty businesses. The specialty businesses offer solutions across affinity and administrative services, captives, reinsurance, travel/accident, warranty, and life and health. The wholesale brokerage businesses underwrite and place excess and surplus commercial and personal lines insurance. The programs businesses, which act as managing general underwriters. It operates in the Financials sector (INSURANCE AGENTS, BROKERS & SERVICE industry).

Brown & Brown Inc is a good buy right now due to its current price of $69.40 being below the average analyst price target of $81, indicating potential upside. Additionally, the forward P/E ratio of 12.59 suggests the stock is undervalued compared to its earnings potential. However, the main risk is the recent insider selling activity, which has increased by 2087.50% over the last month, indicating potential concerns about future performance.

13 analysts cover BRO: 2 rate it Buy, 8 Hold and 3 Sell. The average price target is 84.09.