Boenning & Scattergood Reaffirms Their Hold Rating on The Navigators Group (NAVG)


Boenning & Scattergood analyst Robert Farnam maintained a Hold rating on The Navigators Group (NAVG) today. The company’s shares closed on Friday at $69.30, close to its 52-week high of $71.45.

According to TipRanks.com, Farnam is a 1-star analyst with an average return of -2.3% and a 41.7% 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.

The word on The Street in general, suggests a Hold analyst consensus rating for The Navigators Group with a $70 average price target.

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The Navigators Group’s market cap is currently $2.06B and has a P/E ratio of 22.14. The company has a Price to Book ratio of 1.67.

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Navigators Group, Inc. engages in the provision of international insurance. It operates through the following segments: Marine; P&C, and Professional Liability. The Marine segment offers insurance for companies engaged in diverse aspects of shipping, global trade, and worldwide transportation.

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