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Analysts Conflicted on These Financial Names: Independent Bank (INDB), Bank OZK (OZK) and Arthur J Gallagher & Co (AJG)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Independent Bank (INDBResearch Report), Bank OZK (OZKResearch Report) and Arthur J Gallagher & Co (AJGResearch Report).

Independent Bank (INDB)

In a report issued on January 18, Christopher O’Connell from KBW maintained a Hold rating on Independent Bank, with a price target of $66.00. The company’s shares closed last Monday at $60.31.

According to TipRanks.com, O’Connell is a 4-star analyst with an average return of 22.3% and a 70.8% success rate. O’Connell covers the Financial sector, focusing on stocks such as Metropolitan Bank Holding, The First Of Long Island, and Community Bank System.

Independent Bank has an analyst consensus of Hold, with a price target consensus of $66.00.

See today’s best-performing stocks on TipRanks >>

Bank OZK (OZK)

KBW analyst Catherine Mealor maintained a Hold rating on Bank OZK on January 18 and set a price target of $45.00. The company’s shares closed last Monday at $48.70.

According to TipRanks.com, Mealor is a 5-star analyst with an average return of 13.5% and a 64.9% success rate. Mealor covers the Financial sector, focusing on stocks such as Atlantic Union Bankshares, MVB Financial, and FB Financial.

The word on The Street in general, suggests a Hold analyst consensus rating for Bank OZK with a $50.00 average price target, which is a 3.3% upside from current levels. In a report issued on January 8, UBS also downgraded the stock to Hold with a $53.00 price target.

Arthur J Gallagher & Co (AJG)

In a report issued on January 17, Elyse Greenspan from Wells Fargo maintained a Buy rating on Arthur J Gallagher & Co, with a price target of $273.00. The company’s shares closed last Monday at $238.59.

According to TipRanks.com, Greenspan is a 5-star analyst with an average return of 11.1% and a 65.0% success rate. Greenspan covers the Financial sector, focusing on stocks such as Hamilton Insurance Group, Ltd. Class B, American International Group, and Corebridge Financial, Inc.

Currently, the analyst consensus on Arthur J Gallagher & Co is a Moderate Buy with an average price target of $258.08, which is an 8.3% upside from current levels. In a report issued on January 8, RBC Capital also maintained a Buy rating on the stock with a $270.00 price target.

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