Ryan Specialty Group: Strategic Positioning and Growth Potential Justify Buy Rating

William Blair analyst Adam Klauber has maintained their bullish stance on RYAN stock, giving a Buy rating on May 19.

Adam Klauber has given his Buy rating due to a combination of factors including Ryan Specialty Group’s strategic positioning in the excess and surplus lines market, which benefits from structural shifts driving more business from the standard market. The company’s national reach and specialized expertise have enabled it to capture additional market share, supporting expectations for sustained top-line growth in the mid- to high teens over the coming years.
Furthermore, Ryan Specialty’s expanding underwriting management business and increased scale are anticipated to enhance margins, aligning with management’s target of 35% by 2027. Although the stock trades at a premium compared to its core broker peers, this valuation reflects its potential for organic growth rates that are significantly higher, reinforcing the positive outlook for the company’s long-term performance.

In another report released on May 19, Morgan Stanley also maintained a Buy rating on the stock with a $80.00 price target.