Analyst Price Target is $19.25
▲ +50.27% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for ProAssurance in the last 3 months. The average price target is $19.25, with a high forecast of $25.00 and a low forecast of $15.00. The average price target represents a 50.27% upside from the last price of $12.81.
Current Consensus is
Hold
The current consensus among 3 contributing investment analysts is to hold stock in ProAssurance. This Hold consensus rating has held steady for over two years.
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through Specialty Property and Casualty, Workers' Compensation Insurance, Segregated Portfolio Cell Reinsurance, and Lloyd's Syndicates segments. It offers professional liability insurance for healthcare providers and institutions, and attorneys; liability insurance for medical technology and life sciences risks; and workers' compensation insurance, such as guaranteed cost policies, policyholder dividend policies, retrospectively rated policies, and deductible policies, as well as alternative market solutions that include program design, fronting, claims administration, risk management, SPC rental, asset management, and SPC management services for individual companies, agencies, groups, and associations. The company also participates in Lloyd's of London Syndicate 1729, which underwrites property and casualty insurance, and reinsurance. It markets its products through independent agencies and brokers, as well as an internal business development team. The company was founded in 1976 and is headquartered in Birmingham, Alabama.
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