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KBW Reaffirms Their Buy Rating on Neptune Insurance Holdings, Inc. Class A (NP)

Tipranks - Tipranks - Fri Apr 24, 7:38AM CDT

In a report released today, Thomas McJoynt Griffith from KBW maintained a Buy rating on Neptune Insurance Holdings, Inc. Class A, with a price target of $32.00.

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McJoynt Griffith covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, GooseHead Insurance, and Hamilton Insurance Group, Ltd. Class B. According to TipRanks, McJoynt Griffith has an average return of 5.6% and a 56.14% success rate on recommended stocks.

In addition to KBW, Neptune Insurance Holdings, Inc. Class A also received a Buy from Piper Sandler’s Paul Newsome in a report issued today. However, on April 14, Bank of America Securities maintained a Hold 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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