Analysts Offer Insights on Financial Companies: Arthur J Gallagher & Co (NYSE: AJG) and Aaron’s Inc (NYSE: AAN)

By Carrie Williams

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Arthur J Gallagher & Co (NYSE:AJG) and Aaron’s Inc (NYSE:AAN) with bullish sentiments.

Arthur J Gallagher & Co (AJG)

SunTrust Robinson analyst Mark Hughes reiterated a Buy rating on Arthur J Gallagher & Co yesterday and set a price target of $82. The company’s shares closed yesterday at $71.20, close to its 52-week high of $72.77.

According to TipRanks.com, Hughes is a 4-star analyst with an average return of 12.1% and a 72.1% success rate. Hughes covers the Financial sector, focusing on stocks such as Crawford & Company A, Pro-Assurance Corp, and Encore Capital.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arthur J Gallagher & Co with a $69 average price target, implying a -3.1% downside from current levels. In a report issued on July 19, Wells Fargo also maintained a Buy rating on the stock.

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Aaron’s Inc (AAN)

SunTrust Robinson analyst William Chappell reiterated a Buy rating on Aaron’s Inc yesterday and set a price target of $60. The company’s shares closed yesterday at $48.85, close to its 52-week high of $50.80.

According to TipRanks.com, Chappell is a 4-star analyst with an average return of 10.3% and a 65.8% success rate. Chappell covers the Consumer Goods sector, focusing on stocks such as Scotts Miracle-Gro Company, Edgewell Personal Care, and Monster Beverage Corp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aaron’s Inc with a $56.25 average price target, implying a 15.1% upside from current levels. In a report released yesterday, KeyBanc also reiterated a Buy rating on the stock with a $58 price target.

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