Arthur J. Gallagher & Co. (AJG) to Release Earnings on Thursday

Arthur J. Gallagher & Co. (NYSE:AJG) is projected to release its earnings data after the market closes on Thursday, January 30th. Analysts expect Arthur J. Gallagher & Co. to post earnings of $2.03 per share and revenue of $2.70 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Arthur J. Gallagher & Co. Trading Down 0.8 %

AJG stock opened at $293.59 on Wednesday. The business has a fifty day moving average price of $291.79 and a 200 day moving average price of $288.18. Arthur J. Gallagher & Co. has a fifty-two week low of $227.43 and a fifty-two week high of $316.72. The stock has a market capitalization of $73.34 billion, a price-to-earnings ratio of 55.92 and a beta of 0.76. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.06 and a quick ratio of 1.06.

Analysts Set New Price Targets

AJG has been the subject of several research reports. TD Cowen raised Arthur J. Gallagher & Co. from a “hold” rating to a “buy” rating and lifted their target price for the company from $295.00 to $377.00 in a research note on Friday, January 10th. Jefferies Financial Group lifted their target price on Arthur J. Gallagher & Co. from $269.00 to $274.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Barclays lifted their price objective on Arthur J. Gallagher & Co. from $300.00 to $308.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 21st. The Goldman Sachs Group cut Arthur J. Gallagher & Co. from a “buy” rating to a “neutral” rating and set a $313.00 price objective for the company. in a research note on Monday, November 25th. Finally, Piper Sandler raised Arthur J. Gallagher & Co. from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $285.00 to $315.00 in a research note on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $304.07.

Arthur J. Gallagher & Co. Company Profile

Arthur J. Gallagher & Co engages in the provision of insurance brokerage, reinsurance brokerage, consulting, and third-party claims settlement and administration services. It operates through the following business segments: Brokerage, Risk Management, and Corporate. The Brokerage segment consists of retail and wholesale insurance brokerage operations.