Key Equity Research Analysts at KBW Reiterated their ‘”Buy”’ rating for Arthur J Gallagher & Co (NYSE:AJG) Shares Today. Their Price Objective is Set to $62.0

December 8, 2017 - By Winifred Garcia

 Key Equity Research Analysts at KBW Reiterated their ‘

Investors sentiment increased to 1.53 in 2017 Q2. Its up 0.26, from 1.27 in 2017Q1. It improved, as 20 investors sold Arthur J. Gallagher & Co. shares while 130 reduced holdings. 63 funds opened positions while 167 raised stakes. 142.95 million shares or 1.35% less from 144.91 million shares in 2017Q1 were reported.

Amer Natl Registered Invest Advisor has 17,895 shares. Mufg Americas holds 0% or 41 shares. Guardian Life Insurance Of America stated it has 401 shares. Stifel holds 0.04% or 180,572 shares in its portfolio. Clear Harbor Asset Mgmt Limited Liability Corporation owns 48,006 shares or 0.52% of their US portfolio. Amer Ins Tx accumulated 135,250 shares. Deutsche Bank Ag has invested 0.02% in Arthur J. Gallagher & Co. (NYSE:AJG). Rafferty Asset Mngmt Limited Liability Company has invested 0.04% in Arthur J. Gallagher & Co. (NYSE:AJG). United Fire holds 0.21% or 10,321 shares in its portfolio. First Interstate State Bank has invested 0% in Arthur J. Gallagher & Co. (NYSE:AJG). Thomaspartners owns 3.44 million shares for 1.69% of their portfolio. Horizon Invests Limited Liability stated it has 10,807 shares or 0.04% of all its holdings. Tdam Usa accumulated 23,933 shares or 0.07% of the stock. Lpl Financial Limited Liability owns 0.01% invested in Arthur J. Gallagher & Co. (NYSE:AJG) for 32,854 shares. Pitcairn stated it has 7,645 shares.

Since June 13, 2017, it had 0 insider purchases, and 2 insider sales for $1.24 million activity. HOWELL DOUGLAS K sold $1.18M worth of stock.

Arthur J Gallagher & Co (NYSE:AJG) Rating Reaffirmed

In analysts note shared with investors and clients on Thursday morning, The “Buy” rating of Arthur J Gallagher & Co (NYSE:AJG) shares was reaffirmed by KBW, who now has a $62.0 PT on the stock. KBW’s PT gives a possible downside of -5.01 % from the last stock price of the company.

Investors sentiment increased to 1.53 in 2017 Q2. Its up 0.26, from 1.27 in 2017Q1. It improved, as 20 investors sold Arthur J. Gallagher & Co. shares while 130 reduced holdings. 63 funds opened positions while 167 raised stakes. 142.95 million shares or 1.35% less from 144.91 million shares in 2017Q1 were reported.

Amer Natl Registered Invest Advisor has 17,895 shares. Mufg Americas holds 0% or 41 shares. Guardian Life Insurance Of America stated it has 401 shares. Stifel holds 0.04% or 180,572 shares in its portfolio. Clear Harbor Asset Mgmt Limited Liability Corporation owns 48,006 shares or 0.52% of their US portfolio. Amer Ins Tx accumulated 135,250 shares. Deutsche Bank Ag has invested 0.02% in Arthur J. Gallagher & Co. (NYSE:AJG). Rafferty Asset Mngmt Limited Liability Company has invested 0.04% in Arthur J. Gallagher & Co. (NYSE:AJG). United Fire holds 0.21% or 10,321 shares in its portfolio. First Interstate State Bank has invested 0% in Arthur J. Gallagher & Co. (NYSE:AJG). Thomaspartners owns 3.44 million shares for 1.69% of their portfolio. Horizon Invests Limited Liability stated it has 10,807 shares or 0.04% of all its holdings. Tdam Usa accumulated 23,933 shares or 0.07% of the stock. Lpl Financial Limited Liability owns 0.01% invested in Arthur J. Gallagher & Co. (NYSE:AJG) for 32,854 shares. Pitcairn stated it has 7,645 shares.

Since June 13, 2017, it had 0 insider purchases, and 2 insider sales for $1.24 million activity. HOWELL DOUGLAS K sold $1.18M worth of stock.

Arthur J. Gallagher & Co. (NYSE:AJG) Ratings Coverage

Among 14 analysts covering Arthur J. Gallagher (NYSE:AJG), 7 have Buy rating, 1 Sell and 6 Hold. Therefore 50% are positive. Arthur J. Gallagher has $75.0 highest and $44 lowest target. $61.10’s average target is -6.39% below currents $65.27 stock price. Arthur J. Gallagher had 41 analyst reports since August 28, 2015 according to SRatingsIntel. As per Tuesday, September 29, the company rating was downgraded by Sandler O’Neill. The rating was maintained by Keefe Bruyette & Woods on Monday, December 4 with “Buy”. The firm has “Hold” rating given on Friday, October 27 by RBC Capital Markets. On Thursday, July 13 the stock rating was maintained by Citigroup with “Neutral”. On Wednesday, October 14 the stock rating was initiated by Wells Fargo with “Outperform”. The firm has “Hold” rating given on Monday, July 10 by RBC Capital Markets. Keefe Bruyette & Woods maintained Arthur J. Gallagher & Co. (NYSE:AJG) rating on Thursday, October 5. Keefe Bruyette & Woods has “Buy” rating and $62.0 target. Barclays Capital maintained Arthur J. Gallagher & Co. (NYSE:AJG) rating on Friday, August 11. Barclays Capital has “Overweight” rating and $68 target. As per Friday, July 28, the company rating was maintained by RBC Capital Markets. William Blair upgraded Arthur J. Gallagher & Co. (NYSE:AJG) on Monday, March 21 to “Market Perform” rating.

The stock decreased 0.85% or $0.56 during the last trading session, reaching $65.27. About 1.19 million shares traded or 21.41% up from the average. Arthur J. Gallagher & Co. (NYSE:AJG) has risen 17.09% since December 8, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.

Analysts await Arthur J. Gallagher & Co. (NYSE:AJG) to report earnings on January, 25. They expect $0.74 EPS, up 12.12 % or $0.08 from last year’s $0.66 per share. AJG’s profit will be $133.79M for 22.05 P/E if the $0.74 EPS becomes a reality. After $0.81 actual EPS reported by Arthur J. Gallagher & Co. for the previous quarter, Wall Street now forecasts -8.64 % negative EPS growth.

Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage and risk management services in the United States and internationally. The company has market cap of $11.80 billion. The Company’s Brokerage segment consists of retail and wholesale insurance brokerage operations. It has a 26.32 P/E ratio. The companyÂ’s retail brokerage activities negotiate and place property/casualty, employer-provided health and welfare insurance, and healthcare exchange and retirement solutions primarily for middle-market commercial, industrial, public entity, religious, and not-for-profit entities.

More notable recent Arthur J. Gallagher & Co. (NYSE:AJG) news were published by: Reuters.com which released: “BRIEF-Arthur J. Gallagher Acquires Southcap Brokerage Group” on December 07, 2017, also Livetradingnews.com with their article: “Arthur J Gallagher & Co (NYSE:AJG) Heffx Trading Outlook” published on December 05, 2017, Nasdaq.com published: “Ex-Dividend Reminder: American National Insurance, Arthur J. Gallagher and …” on November 28, 2017. More interesting news about Arthur J. Gallagher & Co. (NYSE:AJG) were released by: Nasdaq.com and their article: “Arthur J. Gallagher & Co. (AJG) Ex-Dividend Date Scheduled for November 30, 2017” published on November 29, 2017 as well as Prnewswire.com‘s news article titled: “Arthur J. Gallagher & Co. Acquires Weiss Insurance Agencies, Inc.” with publication date: December 01, 2017.

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