Arthur J. Gallagher slips after BMO downgrades on growth concerns

Arthur J. Gallagher & Co.

13/01/2026 17:32

** Shares of insurance broker Arthur J. Gallagher AJG.N down 2.88% at $257.22

** BMO downgrades AJG to "market perform" from "outperform"

** Brokerage also cuts PT to $275 from $289, which is still a 3.8% upside to the stock's last close

** Brokerage cites concerns around profit margins and organic growth visibility

** 4Q earnings are expected to be bumpy, with most strength concentrated in 1Q’26 due to seasonality in reinsurance and employee benefits segments, brokerage says

** 13 of 23 brokerages rate the stock "buy" or higher, 9 "hold" and 1 "sell"; median PT is $285 - LSEG

** Including session's move, AJG down 10% in the last 12 months

 (Reporting by Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com))