Boenning & Scattergood analyst Robert Farnam maintained a Hold rating on Hallmark Financial Services (HALL) today. The company’s shares closed yesterday at $10.50.
Farnam noted:
“We intend to review Hallmark’s statutory Schedule P reserves in the next few weeks and may adjust our expectations based on our analysis. For now, we are maintaining our Neutral rating.”
According to TipRanks.com, Farnam has currently no stars on a ranking scale of 0-5 stars, with an average return of -6.7% and a 33.3% success rate. Farnam covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, 1347 Property Insurance Holdings Inc, and Selective Insurance Group.
The word on The Street in general, suggests a Hold analyst consensus rating for Hallmark Financial Services.
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Hallmark Financial Services’ market cap is currently $189.6M and has a P/E ratio of 39.91. The company has a Price to Book ratio of 0.71.
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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.
