In a report released yesterday, Randy Binner from B.Riley FBR maintained a Hold rating on James River Group (JRVR), with a price target of $45. The company’s shares closed yesterday at $48.09, close to its 52-week high of $48.78.
According to TipRanks.com, Binner is a 5-star analyst with an average return of 12.5% and a 64.4% success rate. Binner covers the Financial sector, focusing on stocks such as Colony Credit Real Estate Inc, Health Insurance Innovations, and Victory Capital Holdings Inc.
Currently, the analyst consensus on James River Group is a Hold with an average price target of $45.
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James River Group’s market cap is currently $1.46B and has a P/E ratio of 19.75. The company has a Price to Book ratio of 1.84.
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James River Group Holdings Ltd. engages in the ownership and operation of a group of specialty insurance and reinsurance companies. It operates through the following segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other.
