Analysts have been eager to weigh in on the Financial sector with new ratings on ProAssurance (PRA – Research Report) and Signature Bank (SBNY – Research Report).
ProAssurance (PRA)
Raymond James analyst Charles Peters reiterated a Hold rating on ProAssurance today. The company’s shares closed last Tuesday at $19.89.
According to TipRanks.com, Peters is a 5-star analyst with an average return of
ProAssurance has an analyst consensus of Moderate Buy, with a price target consensus of $24.67, implying a 29.9% upside from current levels. In a report issued on February 24, Janney Montgomery also initiated coverage with a Hold rating on the stock with a $21.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Signature Bank (SBNY)
In a report released today, Ebrahim Poonawala from Bank of America Securities maintained a Buy rating on Signature Bank, with a price target of $150.00. The company’s shares closed last Tuesday at $115.05, close to its 52-week low of $106.81.
According to TipRanks.com, Poonawala is a 4-star analyst with an average return of
Currently, the analyst consensus on Signature Bank is a Moderate Buy with an average price target of $145.73.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on PRA:
