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Analysts’ Opinions Are Mixed on These Financial Stocks: Arthur J Gallagher & Co (AJG), Progressive (PGR) and Hamilton Lane (HLNE)

Tipranks - Fri Jun 19, 7:42AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Arthur J Gallagher & Co (AJG), Progressive (PGR) and Hamilton Lane (HLNE).

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Arthur J Gallagher & Co (AJG)

In a report released today, Andrew Andersen from Jefferies reiterated a Buy rating on Arthur J Gallagher & Co, with a price target of $265.00. The company’s shares closed last Wednesday at $216.09.

According to TipRanks.com, Andersen is a 1-star analyst with an average return of -3.0% and a 53.8% success rate. Andersen covers the Financial sector, focusing on stocks such as Kinsale Capital Group, Willis Towers Watson, and Axis Capital. ;'>

Currently, the analyst consensus on Arthur J Gallagher & Co is a Strong Buy with an average price target of $260.47, a 20.3% upside from current levels. In a report issued on June 9, UBS also upgraded the stock to Buy with a $250.00 price target.

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Progressive (PGR)

In a report released yesterday, Michael Zaremski from BMO Capital maintained a Hold rating on Progressive, with a price target of $220.00. The company’s shares closed last Wednesday at $204.42, close to its 52-week low of $201.34.

According to TipRanks.com, Zaremski is a 4-star analyst with an average return of 7.9% and a 65.7% success rate. Zaremski covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Accelerant Holdings Class A, and Marsh & McLennan Companies. ;'>

Progressive has an analyst consensus of Moderate Buy, with a price target consensus of $230.21, implying a 12.8% upside from current levels. In a report released yesterday, William Blair also maintained a Hold rating on the stock.

Hamilton Lane (HLNE)

In a report released today, Chris Kotowski from Oppenheimer maintained a Buy rating on Hamilton Lane, with a price target of $176.00. The company’s shares closed last Wednesday at $81.40.

According to TipRanks.com, Kotowski is a 5-star analyst with an average return of 17.7% and a 69.6% success rate. Kotowski covers the Financial sector, focusing on stocks such as Ridgepost Capital, Blackstone Group, and Blue Owl Capital. ;'>

Hamilton Lane has an analyst consensus of Strong Buy, with a price target consensus of $140.14, which is a 61.1% upside from current levels. In a report issued on June 4, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $89.00 price target.

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