B.Riley FBR Sticks to Their Buy Rating for National General Holdings

In a report released yesterday, Randy Binner from B.Riley FBR reiterated a Buy rating on National General Holdings (NASDAQ: NGHC), with a price target of $31. The company’s shares closed yesterday at $25.93.

According to TipRanks.com, Binner is a 5-star analyst with an average return of 12.7% and a 66.3% success rate. Binner covers the Financial sector, focusing on stocks such as American International Group, Health Insurance Innovations, and Brighthouse Financial Inc.

National General Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $31.

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The company has a one-year high of $27.93 and a one-year low of $16.21. Currently, National General Holdings has an average volume of 299.1K.

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock.

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National General Holdings Corp. engages in the provision of specialty personal lines insurance products. The firm’s products include personal and commercial automobile insurance; health insurance products; and other niche insurance products.