Boenning & Scattergood Reaffirms Their Hold Rating on Pro-Assurance Corp


Boenning & Scattergood analyst Robert Farnam maintained a Hold rating on Pro-Assurance Corp (NYSE: PRA) today. The company’s shares closed yesterday at $45.80, close to its 52-week low of $45.20.

According to TipRanks.com, Farnam is a 1-star analyst with an average return of -2.2% and a 45.5% success rate. Farnam covers the Financial sector, focusing on stocks such as Hallmark Financial Services, Selective Insurance Group, and Kingstone Companies Inc.

Pro-Assurance Corp has an analyst consensus of Hold, with a price target consensus of $51.

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The company has a one-year high of $58.65 and a one-year low of $45.20. Currently, Pro-Assurance Corp has an average volume of 216.9K.

Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PRA in relation to earlier this year.

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.

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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