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Bank of America Securities Sticks to Its Hold Rating for Neptune Insurance Holdings, Inc. Class A (NP)

Tipranks - Tipranks - Wed Apr 15, 6:28AM CDT

Bank of America Securities analyst Joshua Shanker maintained a Hold rating on Neptune Insurance Holdings, Inc. Class A today and set a price target of $26.00.

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According to TipRanks, Shanker is a 4-star analyst with an average return of 6.6% and a 57.61% success rate. Shanker covers the Financial sector, focusing on stocks such as Progressive, Allstate, and Chubb.

In addition to Bank of America Securities, Neptune Insurance Holdings, Inc. Class A also received a Hold from Mizuho Securities’s Yaron Kinar in a report issued yesterday. However, on April 7, KBW maintained a Buy rating on Neptune Insurance Holdings, Inc. Class A (NYSE: NP).

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Based on Neptune Insurance Holdings, Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $43.77 million and a net profit of $4.34 million.

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