Goldman Sachs Starts Arthur J. Gallagher (AJG) at Neutral, Steady Grower

Goldman Sachs initiates coverage on Arthur J. Gallagher (NYSE: AJG) with a Neutral. PT $39.00.

The firm said Arthur J. Gallagher is poised to grow earnings faster than peers on average and they like its M&A growth potential.

Goldman expects double-digit gains in Brokerage and Risk Management earnings to
drive above-average EPS growth through 2014.

Completing nearly 300 deals since 1985, M&A has been a major growth driver. They expect this to continue.

In addition, the Gallagher Bassett adds diversifying fee income.

For an analyst ratings summary and ratings history on Arthur J. Gallagher click here. For more ratings news on Arthur J. Gallagher click here.

Shares of Arthur J. Gallagher closed at $36.30 yesterday.

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