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ProAssurance (PRA) Gets a Hold from Piper Sandler

Tipranks - Wed Feb 25, 5:40AM CST

Piper Sandler analyst Paul Newsome maintained a Hold rating on ProAssurance today and set a price target of $25.00.

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According to TipRanks, Newsome is a 5-star analyst with an average return of 10.1% and a 65.25% success rate. Newsome covers the Financial sector, focusing on stocks such as Arthur J Gallagher & Co, American International Group, and Cincinnati Financial.

In a report released today, TipRanks – Google also reiterated a Hold rating on the stock with a $26.00 price target.

Based on ProAssurance’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $274.82 million and a net profit of $1.45 million. In comparison, last year the company earned a revenue of $280.49 million and had a net profit of $16.44 million

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