BMO Capital maintained a hold rating on Brown & Brown, Inc. (BRO)


Brown & Brown, Inc. (NYSE:BRO) is one of the The Best 52 Week Low Stocks to Invest. On Jan. 28, BMO Capital’s Michael Zaremski maintained a hold rating on the stock and cut his price target to $81 from $88. On the same day, Yaron Kinar of Mizuho Securities also maintained a Hold rating on Brown & Brown, Inc. (NYSE:BRO) and cut their price target from $90 to $84.

BMO’s Zaremski noted that the company is not as undervalued as it appears compared to the S&P 500. He noted that while P/E ratios are at a discount, the company’s value to EBITDA and free cash flow performance remain expensive relative to the market.

As a result, the company lowered its EBITDA estimates for the company by about 3% and projected organic growth of 2.4% in 2026. Also, the company does not see any positive catalysts to drive the share price higher in the near term, hence a Hold rating and reduced price target.

​Brown & Brown, Inc. (NYSE:BRO) is an insurance brokerage firm that provides risk management solutions, marketing and selling property, casualty and employee benefits insurance products.

While we recognize BRO’s potential as an investment, we believe some AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

READ THE FOLLOWING: 30 stocks that should double in 3 years i 11 Hidden AI Stocks to Buy Right Now.

Disclosure: no. This article is originally published in Monkey Insider.



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