Ryan Specialty Group (RYAN) Receives a Hold from Piper Sandler
Piper Sandler analyst Paul Newsome maintained a Hold rating on Ryan Specialty Group today and set a price target of $58.00.
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According to TipRanks, Newsome is a 5-star analyst with an average return of 12.0% and a 69.76% success rate. Newsome covers the Financial sector, focusing on stocks such as American International Group, Arthur J Gallagher & Co, and TWFG, Inc. Class A.
Ryan Specialty Group has an analyst consensus of Moderate Buy, with a price target consensus of $66.33.
Based on Ryan Specialty Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $754.58 million and a net profit of $31.09 million. In comparison, last year the company earned a revenue of $604.69 million and had a net profit of $17.59 million
Based on the recent corporate insider activity of 44 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 RYAN in relation to earlier this year. Last month, TIMOTHY WILLIAM TURNER, the CEO of RYAN sold 129,570.00 shares for a total of $6,946,247.70.
Read More on RYAN:
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- Ryan Specialty price target raised to $82 from $75 at BofA
- Ryan Specialty price target lowered to $61 from $67 at Morgan Stanley
- Ryan Specialty initiated with a Neutral at Mizuho
- Strong Growth and Strategic Positioning Drive Buy Rating for Ryan Specialty Group
- Ryan Specialty Group Board Member Retirement Announced
