BMO Capital Maintained a Hold Rating on Brown & Brown, Inc. (BRO)

Published on January 31, 2026 at 3:51 pm by Talha Qureshi in News

Brown & Brown, Inc. (NYSE:BRO) is one of the Best 52-Week Low Stocks to Invest In. On January 28, Michael Zaremski from BMO Capital maintained a Hold rating on the stock and lowered the price target from $88 to $81. On the same day, Yaron Kinar from Mizuho Securities also maintained a Hold rating on Brown & Brown, Inc. (NYSE:BRO) and lowered the price target from $90 to $84.

Zaremski from BMO noted that the company is not as undervalued as it appears when compared to the S&P 500. He noted that while the P/E ratios are at discounted values, the enterprise value to EBITDA and free cash flow yield remain expensive compared to the market.

As a result, the firm reduced its EBITDA estimates for the company by roughly 3% and projected 2.4% organic growth in 2026. Moreover, the firm also fails to see any positive catalysts to drive the stock price higher in the near-term, hence a Hold rating and reduced price target.

Brown & Brown, Inc. (NYSE:BRO) is an insurance brokerage firm that delivers risk management solutions, marketing, and selling property, casualty, and employee benefits insurance products.

Disclosure: None. This article is originally published at Insider Monkey.