According to Zen Score, the 3 best insurance stocks to buy right now are:
1. Marsh & Mclennan Companies (NYSE:MMC)
Marsh & Mclennan Companies (NYSE:MMC) is the top insurance stock with a Zen Score of 52, which is 20 points higher than the insurance industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Marsh & Mclennan Companies has seen its stock return 17.89% over the past year, underperforming other insurance stocks by -3 percentage points.
Marsh & Mclennan Companies has an average 1 year
price target of $207.33, a downside of -1.26% from Marsh & Mclennan Companies's current stock price of $209.97.
Marsh & Mclennan Companies stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Marsh & Mclennan Companies, 8.33% have issued a Strong Buy rating, 8.33% have issued a Buy, 66.67% have issued a hold, while 8.33% have issued a Sell rating, and 8.33% have issued a Strong Sell.
2. Brown & Brown (NYSE:BRO)
Brown & Brown (NYSE:BRO) is the second best insurance stock with a Zen Score of 49, which is 17 points higher than the insurance industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Brown & Brown has seen its stock return 37.44% over the past year, overperforming other insurance stocks by 16 percentage points.
Brown & Brown has an average 1 year
price target of $87.78, a downside of -2.28% from Brown & Brown's current stock price of $89.83.
Brown & Brown stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Brown & Brown, 22.22% have issued a Strong Buy rating, 22.22% have issued a Buy, 33.33% have issued a hold, while 22.22% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Erie Indemnity Co (NASDAQ:ERIE)
Erie Indemnity Co (NASDAQ:ERIE) is the third best insurance stock with a Zen Score of 43, which is 11 points higher than the insurance industry average of 32. It passed 16 out of 38 due diligence checks and has strong fundamentals. Erie Indemnity Co has seen its stock return 73.72% over the past year, overperforming other insurance stocks by 53 percentage points.