B.Riley FBR Keeps a Hold Rating on RLI Corp (RLI)


B.Riley FBR analyst Randy Binner maintained a Hold rating on RLI Corp (NYSE: RLI) today and set a price target of $66. The company’s shares closed yesterday at $75.08, close to its 52-week high of $76.10.

According to TipRanks.com, Binner is a 5-star analyst with an average return of 15.7% and a 70.8% success rate. Binner covers the Financial sector, focusing on stocks such as American Equity Investment Life, Health Insurance Innovations, and National General Holdings.

RLI Corp has an analyst consensus of Hold, with a price target consensus of $63.33.

See today’s analyst top recommended stocks >>

RLI Corp’s market cap is currently $3.33B and has a P/E ratio of 32.09. The company has a Price to Book ratio of 3.92.

Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

RLI Corp. is a holding company, which engages in the provision of insurance and underwriting services. It operates through the following segments: Casualty, Property, and Surety. The Casualty segment offers healthcare and transportation insurance.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts