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Brown & Brown, Inc. (BRO) [hlAlert]

Rating:
Buy BRO
up 79.09 %

Brown & Brown, Inc. (BRO) rated Buy with price target $23 by Sun Trust Rbsn Humphrey

Posted on: Friday,  Feb 22, 2008  8:25 AM ET by Sun Trust Rbsn Humphrey

Sun Trust Rbsn Humphrey rated Buy Brown & Brown, Inc. (NYSE: BRO) on 02/22/2008, when the stock price was $18.37.
Since then, Brown & Brown, Inc. has gained 79.10% as of 01/26/2016's recent price of $32.90.
If you would have followed this Sun Trust Rbsn Humphrey's recommendation on BRO, you would have gained 79.09% of your investment in 2895 days.

Brown & Brown, Inc. (Brown & Brown) is a diversified insurance agency, wholesale brokerage, insurance programs and service organization. It markets and sells to its customers insurance products and services, primarily in the property, casualty and employee benefits areas. As an agent and broker, Brown & Brown does not assume underwriting risks. Instead, the Company provides its customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. Brown & Brown is compensated for its services primarily by commissions paid by insurance companies and by fees paid by customers for certain services. As of December 31, 2008, Brown & Brown?s activities were conducted in 219 locations in 37 states. In May 2009, the Company announced the completion of the previously announced acquisition by two Brown & Brown subsidiaries of substantially all of the assets of Irving Weber Associates, Inc., located in Ronkonkoma (Long Island), New York.

We provide equity research coverage on more than 300 companies in select core industries and sub-sectors with above-average growth potential. Our focused approach allows our analysts to have deep knowledge of industries, companies and markets they cover, enabling them to deliver highly insightful research and sound advice. With our expertise and thoughtful, diligent approach, our equity research positions you to make well-informed decisions that contribute to your success.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/22/2008 8:25 AM Buy
None
18.37 23.00
as of 12/24/2008
1 Week down  -4.64 %
1 Month up  0.99 %
3 Months down  -7.12 %
1 YTD up  3.39 %

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