There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on ProAssurance (PRA – Research Report) and Open Lending (LPRO – Research Report) with bullish sentiments.
ProAssurance (PRA)
In a report released today, Matthew Carletti from JMP Securities reiterated a Buy rating on ProAssurance, with a price target of $22.00. The company’s shares closed last Tuesday at $15.16.
According to TipRanks.com, Carletti is a 5-star analyst with an average return of
Currently, the analyst consensus on ProAssurance is a Moderate Buy with an average price target of $17.00, representing a 14.1% upside. In a report released yesterday, Piper Sandler also assigned a Buy rating to the stock with a $15.00 price target.
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Open Lending (LPRO)
JMP Securities analyst David Scharf maintained a Buy rating on Open Lending today and set a price target of $8.00. The company’s shares closed last Tuesday at $5.29, close to its 52-week low of $4.57.
According to TipRanks.com, Scharf is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Open Lending with a $7.50 average price target, a 42.9% upside from current levels. In a report released yesterday, D.A. Davidson also maintained a Buy rating on the stock.
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