Arthur J. Gallagher & Co. (NYSE:AJG) traded at a new 52-week high today of $172.84. So far today approximately 110,000 shares have been exchanged, as compared to an average 30-day volume of 948,000 shares.
Arthur J. Gallagher & Co. (NYSE:AJG) is currently priced 2.6% above its average consensus analyst price target of $168.14.
Arthur J. Gallagher & Co provides insurance brokerage and consulting services to middle-market entities around the world. The majority of the company’s revenue comes from its brokerage segment, where it negotiates and places its customers with insurance companies that provide, among other types, property/casualty and health insurance. The company’s primary source of revenue in the brokerage segment is commissioning from the insurance companies. The company also generates significant revenue in its corporate segment, which includes clean energy investment and other investment income. The company generates most of its revenue in the United States, with the remaining revenue coming primarily from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.
Arthur J. Gallagher & Co. share prices have moved between a 52-week high of $172.84 and a 52-week low of $124.21 and are now trading 39% above that low price at $172.71 per share.
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