Analyst Price Target is $62.50
▲ +2.36% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Palomar in the last 3 months. The average price target is $62.50, with a high forecast of $68.00 and a low forecast of $56.00. The average price target represents a 2.36% upside from the last price of $61.06.
Current Consensus is
The current consensus among 6 investment analysts is to moderate buy stock in Palomar. This Moderate Buy consensus rating has held steady for over two years.
Palomar Holdings, Inc., an insurance holding company, provides property and casualty insurance to residential and businesses in the United States. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, fronting, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings and changed its name to Palomar Holdings, Inc. The company was incorporated in 2013 and is headquartered in La Jolla, California.