Boenning & Scattergood Sticks to Its Hold Rating for The Navigators Group (NAVG)


In a report released today, Robert Farnam from Boenning & Scattergood maintained a Hold rating on The Navigators Group (NASDAQ: NAVG). The company’s shares closed yesterday at $58.50.

According to TipRanks.com, Farnam is a 1-star analyst with an average return of -2.1% and a 44.4% success rate. Farnam covers the Financial sector, focusing on stocks such as 1347 Property Insurance Holdings Inc, Hallmark Financial Services, and Selective Insurance Group.

Currently, the analyst consensus on The Navigators Group is a Hold with an average price target of $58.50.

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The Navigators Group’s market cap is currently $1.74B and has a P/E ratio of 35.45. The company has a Price to Book ratio of 1.43.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock.

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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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