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Analysts Offer Insights on Financial Companies: Jefferies (JEF) and Palomar Holdings (PLMR)

Tipranks - Sat Apr 11, 1:46PM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Jefferies (JEF) and Palomar Holdings (PLMR).

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Jefferies (JEF)

Morgan Stanley analyst Ryan Kenny maintained a Hold rating on Jefferies yesterday and set a price target of $44.00. The company’s shares closed last Friday at $45.87, close to its 52-week low of $40.72.

According to TipRanks.com, Kenny is a 1-star analyst with an average return of -4.6% and a 35.4% success rate. Kenny covers the Financial sector, focusing on stocks such as SEI Investments Company, Evercore Partners, and Houlihan Lokey. ;'>

Jefferies has an analyst consensus of Hold, with a price target consensus of $53.20, a 17.8% upside from current levels. In a report issued on April 1, TipRanks – PerPlexity also downgraded the stock to Hold with a $43.00 price target.

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Palomar Holdings (PLMR)

In a report released yesterday, David Motemaden from Evercore ISI maintained a Buy rating on Palomar Holdings, with a price target of $157.00. The company’s shares closed last Friday at $129.41, close to its 52-week high of $138.69.

According to TipRanks.com, Motemaden is a 4-star analyst with an average return of 4.3% and a 53.7% success rate. Motemaden covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Fidelis Insurance Holdings Ltd., and American International Group. ;'>

Palomar Holdings has an analyst consensus of Strong Buy, with a price target consensus of $165.80, representing a 24.2% upside. In a report issued on April 7, KBW also maintained a Buy rating on the stock with a $186.00 price target.

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