In a report released today, Robert Farnam from Boenning & Scattergood maintained a Buy rating on Employers Holdings Inc (EIG), with a price target of $47. The company’s shares closed yesterday at $46.
Farnam noted:
“We projected $20.3 million. The beat was $0.03 per share after tax.”
According to TipRanks.com, Farnam is a 1-star analyst with an average return of -4.6% and a 40.5% success rate. Farnam covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Selective Insurance Group, and Pro-Assurance Corp.
Currently, the analyst consensus on Employers Holdings Inc is a Moderate Buy with an average price target of $47.
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Employers Holdings Inc’s market cap is currently $1.51B and has a P/E ratio of 10.41. The company has a Price to Book ratio of 1.52.
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Employers Holdings, Inc. engages in the provision of workers” compensation products and services. It offers insurance focused on select small businesses in low to medium hazard industries. The company was founded in April 2005 and is headquartered in Reno, NV.
