Analysts Set State National Companies Inc (SNC) Price Target at $72.00

State National Companies Inc (NASDAQ:SNC) has been given a consensus recommendation of “Hold” by the ten ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $72.00.

Separately, Canaccord Genuity restated a “buy” rating and issued a $77.00 price target on shares of State National Companies in a research report on Thursday, December 21st.

How to Become a New Pot Stock Millionaire

A number of institutional investors have recently bought and sold shares of the business. Gulf International Bank UK Ltd acquired a new position in State National Companies in the fourth quarter worth approximately $2,580,000. Susquehanna International Group LLP grew its position in State National Companies by 147.4% during the 3rd quarter. Susquehanna International Group LLP now owns 96,883 shares of the insurance provider’s stock worth $2,034,000 after purchasing an additional 57,724 shares in the last quarter. Ashford Capital Management Inc. grew its position in State National Companies by 7.6% during the 3rd quarter. Ashford Capital Management Inc. now owns 451,217 shares of the insurance provider’s stock worth $9,471,000 after purchasing an additional 31,730 shares in the last quarter. California Public Employees Retirement System purchased a new position in State National Companies during the 3rd quarter worth approximately $666,000. Finally, Cubist Systematic Strategies LLC purchased a new position in State National Companies during the 3rd quarter worth approximately $231,000. Hedge funds and other institutional investors own 58.57% of the company’s stock.

State National Companies (SNC) traded up $0.01 during midday trading on Friday, hitting $21.02. 235,400 shares of the company were exchanged, compared to its average volume of 264,329. State National Companies has a fifty-two week low of $12.00 and a fifty-two week high of $21.51. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $886.49 and a price-to-earnings ratio of 16.82.

TRADEMARK VIOLATION WARNING: “Analysts Set State National Companies Inc (SNC) Price Target at $72.00” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another website, it was stolen and republished in violation of US & international copyright and trademark laws. The original version of this article can be read at https://www.dispatchtribunal.com/2018/04/07/analysts-set-state-national-companies-inc-snc-price-target-at-72-00.html.

State National Companies Company Profile

State National Companies, Inc is a specialty provider of property and casualty insurance. The Company’s segments include Program Services, Lender Services and Corporate. In the Program Services segment, the Company operates an issuing carrier (fronting) business to provide insurance capacity access to the United States property and casualty insurance markets.

Analyst Recommendations for State National Companies (NASDAQ:SNC)

Receive News & Ratings for State National Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State National Companies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply