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.”
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Read More on AJG:
- Arthur J. Gallagher upgraded to Overweight from Neutral at Piper Sandler
- Arthur J. Gallagher acquires Encore Group, terms not disclosed
- Arthur J. Gallagher acquires BMR Insurance, terms not disclosed
- Arthur J. Gallagher acquires Afina Insurance Advisors, terms not disclosed
- Arthur J. Gallagher price target raised to $308 from $286 at Jefferies