Pro-Assurance Corp (PRA) Receives a Hold from Boenning & Scattergood


Boenning & Scattergood analyst Robert Farnam maintained a Hold rating on Pro-Assurance Corp (PRA) today. The company’s shares opened today at $41.65.

Farnam wrote:

“We are lowering our earnings expectations for PRA and maintaining our Neutral rating.”

According to TipRanks.com, Farnam is a 1-star analyst with an average return of -4.5% and a 34.9% 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 Pro-Assurance Corp.

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The company has a one-year high of $50.33 and a one-year low of $34.49. Currently, Pro-Assurance Corp has an average volume of 258.9K.

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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.

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