In a report released today, Robert Farnam from Boenning & Scattergood maintained a Hold rating on Hallmark Financial Services (NASDAQ: HALL). The company’s shares closed yesterday at $10.39.
Farnam said:
“We don’t see meaningful multiple expansion in the near-term. We maintain our Neutral rating.”
According to TipRanks.com, Farnam is a 1-star analyst with an average return of -2.4% and a 44.4% success rate. Farnam covers the Financial sector, focusing on stocks such as 1347 Property Insurance Holdings Inc, Selective Insurance Group, and Kingstone Companies Inc.
The the analyst consensus on Hallmark Financial Services is currently a Hold rating.
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The company has a one-year high of $11.83 and a one-year low of $8.62. Currently, Hallmark Financial Services has an average volume of 22.6K.
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Hallmark Financial Services, Inc. is a holding company, which engages in the provision of insurance products. It operates through the following segments: Standard Commercial, Specialty Commercial, and Personal. The Standard Commercial segment offers property, casualty, and accident insurance services.
