NYSE:BROInsurance
Is Brown & Brown (BRO) Starting To Look Interesting After A 49.6% One-Year Rally?
If you are wondering whether Brown & Brown is starting to look interesting at its current share price, it helps to step back and ask what you are really paying for in this insurance broker's future cash flows.
The stock closed at US$55.35, with returns declining about 4% over the last week, 15% over the last month, 28.7% year to date and 49.6% over the past year. This will naturally raise questions about whether recent price moves reflect changing expectations or create a potential...