Arthur J. Gallagher & Co. (NYSE: AJG) has benefited from extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.
Recent minimal positive changes in fundamentals have benefitted Arthur J. Gallagher & Co. (NYSE: AJG): significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
AJG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Arthur J. Gallagher has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Arthur J. Gallagher has a slightly negative Appreciation Score of 36 but a good Power Rating of 77, producing the Neutral Value Trend Rating.
Recent Price Action
Arthur J. Gallagher & Co. (NYSE: AJG) stock closed at $245.47 on 2/28/24 after a modest gain of 0.8%. However, trading volume in this advance was below average at 76% of normal. The stock has risen 1.5% during the last week and has been strong relative to the market over the last nine months.
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