In a report released today, Robert Farnam from Boenning & Scattergood maintained a Hold rating on Pro-Assurance Corp (PRA). The company’s shares opened today at $42.79.
Farnam wrote:
“We are lowering our earnings expectations for ProAssurance based on commentary that management provided on the 3Q18 earnings call.”
According to TipRanks.com, Farnam is a 1-star analyst with an average return of -3.4% and a 29.7% 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 Pro-Assurance Corp with a $49 average price target.
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The company has a one-year high of $58.65 and a one-year low of $34.95. Currently, Pro-Assurance Corp has an average volume of 237K.
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ProAssurance Corp. is a holding company for property and casualty insurance companies. It operates through the following business segments: Specialty Property and Casualty, Workers’ Compensation, Lloyd’s Syndicate, and Corporate.
