Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Brown & Brown Inc (NYSE: BRO) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Brown & Brown Inc (NYSE: BRO) stock closed at $85.51 on 4/8/24 after a modest gain of 0.4%. Moreover, above average trading volume at 129% of normal accompanied the advance. The stock has declined -2.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BRO is expected to continue to be an important Value Builder.
Brown & Brown has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Brown & Brown has a neutral Appreciation Score of 44 but a good Power Rating of 82, triggering the Positive Value Trend Rating.
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