KBW analyst Bose George maintained a Buy rating on Enact Holdings (ACT – Research Report) yesterday and set a price target of $35.00. The company’s shares closed yesterday at $27.80.
George covers the Financial sector, focusing on stocks such as Fidelity National Financial, PennyMac Financial, and Mr Cooper Group. According to TipRanks, George has an average return of 15.2% and a 73.24% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Enact Holdings with a $31.33 average price target.
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The company has a one-year high of $29.49 and a one-year low of $19.96. Currently, Enact Holdings has an average volume of 332.7K.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ACT in relation to earlier this year.
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Enact Holdings (ACT) Company Description:
Enact Holdings Inc is a private mortgage insurance provider. It is committed towards helping more people to achieve the dream of homeownership.
Read More on ACT:
- Enact Reports Fourth Quarter and Full Year 2023 Results
- Is ACT a Buy, Before Earnings?
- Enact Completes Forward XOL Reinsurance Transaction as Part of its Diversified Credit Risk Transfer Program
- Enact Holdings receives ratings upgrade from S&P Global Ratings
- Enact to Host Fourth Quarter 2023 Earnings Call February 7th
