Sandler O’Neill analyst Paul Newsome reiterated a Hold rating on Conifer Holdings (NASDAQ: CNFR) on July 11 and set a price target of $7.50. The company’s shares closed on Thursday at $6.50.
According to TipRanks.com, Newsome is a 4-star analyst with an average return of 10.6% and a 76.2% success rate. Newsome covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Cincinnati Financial Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conifer Holdings with a $7.25 average price target.
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The company has a one-year high of $7.20 and a one-year low of $5. Currently, Conifer Holdings has an average volume of 2,816.
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Conifer Holdings, Inc. engages in the sale of property and casualty insurance products. It operates through the Commercial and Personal Lines business segment. The Commercial Lines segment offers coverage for property, liability, automobile, and miscellaneous coverage.
