Brown & Brown traded at $56.28 this Friday May 15th, increasing $0.50 or 0.90 percent since the previous trading session. Looking back, over the last four weeks, Brown & Brown gained 18.22 percent. Over the last 12 months, its price fell by 49.65 percent. Looking ahead, we forecast Brown & Brown to be priced at 55.15 by the end of this quarter and at 51.89 in one year, according to Trading Economics global macro models projections and analysts expectations.
Brown & Brown, Inc. is a diversified insurance agency, insurance programs and service company. The Company markets and sells insurance products and services, primarily in the property, casualty, and employee benefits areas. The Company operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides a range of insurance products and services to commercial, public, and quasi-public entities. The National Programs segment provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries. The Wholesale Brokerage segment, markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment provides insurance-related services, including third-party claims administration and medical utilization management services.