Truist Lowers its Price Target on Arthur J. Gallagher & Co. (AJG) to $235 from $271

Arthur J. Gallagher & Co. (NYSE:AJG) is one of the  7 Most Undervalued Blue Chip Stocks to Invest In.

On March 18, 2026, Truist lowered the price target on Arthur J. Gallagher & Co. (NYSE:AJG) to $235 from $271 previously and maintained a Hold rating, citing valuation pressure across the insurance brokerage peer group. Truist said management remains constructive on the market backdrop, describing conditions as “rational,” with renewal premium trends similar to Q4, where low single-digit changes reflect declines in property offset by increases in casualty.

On March 17, 2026, RBC Capital analyst Rowland Mayor resumed coverage on Arthur J. Gallagher & Co. (NYSE:AJG) with an Outperform rating and a $260 price target, stating that the recent AI-driven sell-off appears overdone. RBC added that the company’s platform includes several factors that help insulate near-term growth compared to peers.

Earlier in March, the company said its Risk Placement Services division acquired S Philips Surety & Insurance Services, expanding its U.S. wholesale brokerage and programs business.

Arthur J. Gallagher & Co. (NYSE:AJG) provides insurance brokerage, consulting, and claims management services globally.

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