TipRanks

Notifications

Arthur J. Gallagher upgraded to Market Perform at Keefe Bruyette

Keefe Bruyette analyst Meyer Shields upgraded Arthur J. Gallagher (AJG) to Market Perform from Underperform with a price target of $286, down from $292. Trading at at 21.0 times Keefe’s updated 2026 earnings estimates versus Arthur’s peers at 20.8 times median multiple, the shares appear reasonably valued, the analyst tells investors in a research note. The firm mostly raised Q4 catastrophe loads for property and casualty insures citing “persistent Helene loss creep.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Tags: , ,