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Stock impact report

Mizuho Trims Arthur J. Gallagher (AJG) Target, Remains Bullish on Brokers [Yahoo! Finance]

Arthur J. Gallagher & Co. (AJG) 
Last arthur j. gallagher & co. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.ajg.com/investor-overview
Company Research Source: Yahoo! Finance
Gallagher (AJG) Target, Remains Bullish on Brokers On April 13, Mizuho lowered its price recommendation on Arthur J. Gallagher & Co. (NYSE:AJG) to $259 from $260. It maintained an Outperform rating on the shares. The firm updated its estimates and targets across its North America insurance coverage. It said it remains most constructive on brokers, expects moderation in commercial pricing pressure among property and casualty insurers, and views the setup for life insurers as “the most challenging.” On April 8, Barclays raised its price target on Gallagher to $275 from $262 and kept an Overweight rating. The changes came as part of a Q1 preview for the insurance group. The analyst noted that premium growth and broker organic growth “are likely to remain sluggish,” in a research note. Barclays also said solid margins and strong capital deployment should continue to support reported book value growth in Q1. Arthur J. Gallagher & Co. (NYSE:AJG) operates as a global insurance brokerag Show less Read more
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