** BMO Capital Markets starts coverage on insurance distribution firm Baldwin Group's BWIN.O shares with "outperform" rating and $53 PT
** New PT represents 18% upside to stock's last close
** BMO says Baldwin Group's smaller size and presence in both commercial and personal segments enables it to execute on M&A opportunities that are accretive
** Brokerage expects company to win more M&A in 2026 and beyond owing to its improved free cash flow generation and stronger leverage position
** 6 of 9 brokerages rate the stock "buy" or higher, 2 "hold" and 1 "sell" or lower; median PT $51.50 - LSEG
** Company's shares up 15% so far this year
(Reporting by Kanchana Chakravarty in Bengaluru)
((Kanchana.Chakravarty@thomsonreuters.com))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。