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Arthur J. Gallagher & Co. (AJG) [hlAlert]

Rating:
Overweight
AJG
down 1.57 %

Arthur J. Gallagher & Co. (AJG) rated Overweight with price target $48 by Barclays

Posted on: Thursday,  Jan 7, 2016  12:25 PM ET by Barclays

Barclays rated Overweight Arthur J. Gallagher & Co. (NYSE: AJG) on 01/07/2016. Previously Barclays rated Overweight Arthur J. Gallagher & Co. (NYSE: AJG)
on 12/04/2013., when the stock price was $44.95. Since then, Arthur J. Gallagher & Co. has lost 1.58% as of 01/27/2016's recent price of $44.24.
If you would have followed the previous Barclays's recommendation on AJG, you would have lost 1.57% of your investment in 784 days.

Arthur J. Gallagher & Co. (Gallagher), incorporated in 1972, is engaged in providing insurance brokerage and third-party claims settlement, and administration services to entities in the United States and abroad. Gallagher operates three business segments: Brokerage, Risk Management, and Financial Services and Corporate. The two major sources of operating revenues for Gallagher are commissions and fees from brokerage operations and fees from its Risk Management operations. In October 2009, the Company announced the acquisition of Fox Lawson & Associates, LLC. In addition, in October 2009, Arthur J. Gallagher & Co. announced the acquisition of Triad Insurance Agency, Inc. from The Bank of Hawaii. In November 2009, the Company announced the acquisition of Shuford Insurance Agency, Inc.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/7/2016 12:25 PM Buy
None
38.74 48.00
as of 8/27/2015
1 Week down  -4.51 %
1 Month down  -9.82 %
3 Months down  -8.51 %
1 YTD down  -5.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2013 1:25 PM Buy
None
44.95 48.00

(*) Stock Price at the time of the recommendation.
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