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

Arthur J. Gallagher & Co. (NYSE:AJG) will likely be announcing its earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $2.05 per share and revenue of $2,702,292.00 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Arthur J. Gallagher & Co. Price Performance

NYSE:AJG opened at $295.87 on Tuesday. Arthur J. Gallagher & Co. has a 1-year low of $227.43 and a 1-year high of $316.72. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The firm has a fifty day simple moving average of $291.74 and a 200 day simple moving average of $288.00. The stock has a market capitalization of $73.91 billion, a PE ratio of 56.36 and a beta of 0.76.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on AJG shares. The Goldman Sachs Group downgraded Arthur J. Gallagher & Co. from a “buy” rating to a “neutral” rating and set a $313.00 price target for the company. in a report on Monday, November 25th. Wells Fargo & Company raised their price target on Arthur J. Gallagher & Co. from $315.00 to $344.00 and gave the company an “overweight” rating in a report on Tuesday, December 10th. BMO Capital Markets raised their price target on Arthur J. Gallagher & Co. from $312.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. Piper Sandler raised Arthur J. Gallagher & Co. from a “neutral” rating to an “overweight” rating and raised their price target for the company from $285.00 to $315.00 in a report on Wednesday, January 8th. Finally, Jefferies Financial Group raised their price target on Arthur J. Gallagher & Co. from $269.00 to $274.00 and gave the company a “hold” rating in a report on Wednesday, October 9th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Arthur J. Gallagher & Co. currently has an average rating of “Hold” and a consensus target price of $304.07.

About Arthur J. Gallagher & Co.

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.