Arthur J. Gallagher & Co. (NYSE:AJG) Receives Average Recommendation of "Moderate Buy" from Brokerages

Arthur J. Gallagher & Co. (NYSE:AJG) has received a "Moderate Buy" recommendation from nineteen analysts, with an average 12-month price target of $288.17. Despite some recent price target reductions from Morgan Stanley and RBC, both firms maintained bullish ratings. The company recently beat quarterly EPS expectations, and institutional investors hold a significant stake in the stock, though insiders have sold shares recently.