---
title: "Weekly Recap | Brown & Brown -1.5%, consensus target above spot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300854835.md"
description: "Brown & Brown (BRO) fell 1.5% this week to close at $59.91, while the S&P 500 slipped 0.27%, leaving the stock about 1.23 percentage points behind the benchmark. The week moved in a climb-and-fade pattern: Monday opened at $60.78, Thursday touched an intraday high of $62.24, and Friday slid back to $59.91. The high-low range was 5.31%. The latest close sits below the 20-day moving average of $64.16."
datetime: "2026-10-03T08:33:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300854835.md)
  - [en](https://longbridge.com/en/news/300854835.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300854835.md)
generator: "portal-rs"
---

# Weekly Recap | Brown & Brown -1.5%, consensus target above spot

## The Week

Brown & Brown (BRO) fell 1.5% this week to close at $59.91, while the S&P 500 slipped 0.27%, leaving the stock about 1.23 percentage points behind the benchmark. The week moved in a climb-and-fade pattern: Monday opened at $60.78, Thursday touched an intraday high of $62.24, and Friday slid back to $59.91. The high-low range was 5.31%. The latest close sits below the 20-day moving average of $64.16.

## Key Events

Most company-specific news this week centred on the calendar and outside views. On 1 October, Brown & Brown updated its financial calendar, confirming it will report fiscal third-quarter 2026 results and hold an investor call, with the earnings release set for 26 October. The same day, JPMorgan Chase assigned a new $83.00 price target on the stock. On 2 October, a market view surfaced that BRO may be overvalued after sliding 34% from its peak. On the macro side, news that gold had become the world’s largest asset class also rippled through markets.

## Analyst Ratings

Among 19 covering institutions, 2 rate the stock buy, 2 rate it overweight, 14 rate it hold, and 1 rates it sell, with no underweight or no-opinion records. The consensus rating is hold, and the consensus target price is $75.69, about 26.34% above the latest price of $59.91. Individual targets range from $60.00 to $90.00, pointing to a wide spread. Within the insurance brokerage industry, BRO ranks 5th out of 25 companies.

## The Week Ahead

Next week brings several macro data points: on 5 October, S&P Global services PMI final (prior 58.7) and ISM non-manufacturing PMI (prior 55.4, forecast 55); on 6 October, international trade balance (prior -$88.6b, forecast -$102b) and goods trade balance; on 7 October, EIA weekly crude and Cushing crude inventories. On the company side, fiscal Q3 2026 results are due after the close on 26 October, with consensus at $0.79 EPS and $1.764b in revenue.

## In Short

BRO pulled back modestly this week and lagged the broader market, but the rating mix leans mildly constructive: 4 buy or overweight ratings versus 14 holds and just 1 sell, with the consensus target 26.34% above spot. At the same time, the stock trades at 16.83x P/E and 1.59x P/B, near the low end of its three-month range, so the signals are not one-sided. The main thing to watch is whether Q3 earnings on 26 October confirm current expectations.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [BRO.US](https://longbridge.com/en/quote/BRO.US.md)

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- [Brown & Brown (NYSE:BRO) Given New $83.00 Price Target at JPMorgan Chase & Co.](https://longbridge.com/en/news/300701955.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**