Jefferies Rates Arthur J. Gallagher (AJG) buy, $265 Price Target

Jefferies analyst Andrew Andersen raised the rating on Arthur J. Gallagher to Buy with a new price target of $265, a 22.83% upside from the current price.

By EarningsIQ Research Desk · Published Jun 12, 2026, 9:13 PM EDT · Updated Jun 16, 2026, 2:02 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Jefferies rated Arthur J. Gallagher & Co. ($AJG) "buy" with a $265 price target on June 11, 2026.

Since the rating, $AJG is down 3.1% after 1 week, up 18.3% after 1 month and up 15.7% to date (from the $220.31 close on Jun 11, 2026).

AJG Arthur J. Gallagher & Co.

$254.88 +0.47% year to date

Daily close · Oct 16, 2026

Key Points

On June 11, 2026, Jefferies raised its rating on Arthur J. Gallagher & Co. (AJG) to Buy, setting a price target of $265.
Jefferies's $265 price target implies 22.83% upside from Arthur J. Gallagher & Co.'s ($AJG) current $215.74 share price.
AJG closed at $215.74 on the publication date, and the stock has seen a 52-week range between $190.75 and $313.55.
The consensus among analysts is positive, with an average price target of $291.28 from 18 ratings.

Get $AJG trade alerts by text

We text you when insiders, Congress or big funds trade $AJG. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Arthur J. Gallagher & Co. alert may contain errors. Disclosures

Jefferies Raises Rating on Arthur J. Gallagher & Co.

On June 11, 2026, Jefferies analyst Andrew Andersen upgraded Arthur J. Gallagher & Co. (AJG) to a Buy rating and set a new price target of $265. This change signals confidence in the company, which is reflected in its stock price of $215.74 on the publication date.

Changes in Analyst Ratings

This upgrade by Jefferies marks a notable shift as it aligns with a generally positive view from Wall Street. Previously, there was no available target from Jefferies, making this a fresh outlook for investors. The stock had been trading lower than its average price targets from other firms, which could indicate potential room for growth following this upgrade.

Institutional Ratings Overview

While there are no recent updates from other funds regarding their positions in AJG, analysts are maintaining a generally favorable stance on the stock. For instance, on October 12, 2026, Wells Fargo maintained an Overweight rating with a target of $284, while Mizuho held its Outperform rating with a target at $271 earlier in October. This consistency across various firms illustrates a collective bullish sentiment on AJG.

Stock Performance Context

AJG's stock price of $215.74 is significantly below its 52-week high of $313.55. This might provide opportunities for investors looking for value in the stock, especially in light of the recent ratings. The company has also been trading below its 50-day moving average of $253.67, which might suggest a rebound could be possible if the market recognizes the upgraded outlook.

12-month forecast

$AJG price target

Arthur J. Gallagher & Co. daily closes and this analyst's $265 target. Not advice.

Recent Earnings

In its most recent financial reports, Arthur J. Gallagher generated revenue of approximately $15.11 billion, reflecting a revenue growth of 30.9%. The company reported earnings per share (EPS) of $6.03. The next earnings report is expected on October 29, 2026, which could provide further insights into its financial health and future performance.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

F 28/100

Reported Apr 30, 2026

Forward outlook
5 target cuts vs 0 raises.
EPS & revenue
EPS met estimates. Revenue missed estimates by 0.5%.
Profit surprise
EBITDA missed by 13 percent. Operating income missed by 27 percent.
Pre-earnings setup
Expectations were about average.
Analyst signal
1 upgrade, 5 target cuts.
Earnings quality
Gross margin up 36.8 points. Operating margin down 2.5 points. Positive free cash flow.

Earnings Call Summary

Gallagher delivered a strong first quarter with 28 percent total revenue growth, driven by 5 percent organic growth plus 23 percent from the AssuredPartners acquisition. The company beat on EPS at 4.47 dollars per share versus 4.40 dollars expected, and expanded brokerage margins by 50 basis points. Management said their new business hit ratio improved to 45 percent from 32 percent historically using digital tools, and they are confident about durability even as property pricing moderates.

Guidance Management reaffirmed its full year outlook for organic growth of 6 percent and underlying margin expansion of 40 to 60 basis points. They expect second quarter brokerage organic growth of 5 percent and full year of 5.5 percent, with property pricing remaining down about 7 percent but offset by strength in casualty and benefits.

Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.

What Arthur J. Gallagher & Co. Does

Arthur J. Gallagher & Co. provides insurance and reinsurance brokerage, consulting, and claims settlement services to a variety of clients globally. The firm operates in numerous segments, including brokerage and risk management, making it a key player in the financial services sector.

What to Watch at Arthur J. Gallagher & Co.

Investors should keep an eye on the upcoming earnings report on October 29, 2026, as it may provide additional context for the company's performance. With the latest rating changes, analysts will likely continue to monitor AJG closely for any further developments in its stock performance.