RBC Capital analyst Mark Dwelle maintained a Buy rating on Arthur J Gallagher & Co (NYSE:AJG) on Friday, setting a price target of $114, which is approximately 7.01% above the present share price of $106.53.
Dwelle expects Arthur J Gallagher & Co to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Arthur J Gallagher & Co, with an average price target of $117.
The analysts price targets range from a high of $125 to a low of $101.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.85 billion and a net profit of $274.3 million. The company's market cap is $20.4 billion.
According to TipRanks.com, RBC Capital analyst Mark Dwelle is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.4% and a 57.14% success rate.
Arthur J. Gallagher & Co. engages in the provision of insurance brokerage, consulting, and third party claims settlement and administration services to both domestic and international entities. It operates through the following business segments: Brokerage, Risk Management and Corporate. The Brokerage segment comprises of retail and wholesale insurance brokerage operations. The Risk Management segment provides contract claim settlement and administration services for enterprises and public entities that choose to self-insure some or all of their property/casualty coverages and for underwriting enterprises that choose to outsource some or all of their property/casualty claims departments. The Corporate segment manages clean energy and other investments. The company was founded by Arthur J. Gallagher on October 1, 1927 and is headquartered in Rolling Meadows, IL.