Boenning & Scattergood Keeps a Hold Rating on Pro-Assurance Corp (PRA)


Boenning & Scattergood analyst Robert Farnam maintained a Hold rating on Pro-Assurance Corp (PRA) today. The company’s shares closed yesterday at $43.46.

Farnam commented:

“We are lowering our 4Q18 and FY18 operating EPS estimates based on management’s commentary.”

According to TipRanks.com, Farnam is a 1-star analyst with an average return of -6.2% and a 27.0% success rate. Farnam covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, 1347 Property Insurance Holdings Inc, and Hallmark Financial Services.

Pro-Assurance Corp has an analyst consensus of Hold, with a price target consensus of $48.

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The company has a one-year high of $52.31 and a one-year low of $34.49. Currently, Pro-Assurance Corp has an average volume of 242.8K.

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ProAssurance Corp. is a holding company for property and casualty insurance companies. It operates through the following business segments: Specialty Property and Casualty, Workers’ Compensation, Lloyd’s Syndicate, and Corporate.

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