In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Buy rating on United Insurance Holdings (NASDAQ: UIHC), with a price target of $23. The company’s shares closed yesterday at $20.84.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 6.6% and a 71.0% success rate. Greenspan covers the Financial sector, focusing on stocks such as Marsh & Mclennan Companies, Renaissancere Holdings Ltd, and Brighthouse Financial Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Insurance Holdings with a $22.50 average price target.
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The company has a one-year high of $22.23 and a one-year low of $15.30. Currently, United Insurance Holdings has an average volume of 66.56K.
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United Insurance Holdings Corp. engages in the homeowners property and casualty insurance business, through wholly-owned insurance subsidiaries. Its products consist of condominium, investor property, identity theft, renters flood, commercial residential, and special coverages. The company was founded in May 2007 and is headquartered in St. Petersburg, FL.
