Analysts at Barclays initiated coverage on shares of ProSight Global (NASDAQ:PROS) in a report issued on Monday, MarketBeat.com reports. The firm set an “overweight” rating and a $23.00 price target on the stock. Barclays‘s price objective would suggest a potential upside of 10.63% from the stock’s previous close.
Several other analysts have also recently issued reports on PROS. Keefe, Bruyette & Woods started coverage on ProSight Global in a research note on Monday. They set an “outperform” rating and a $26.00 price objective on the stock. Bank of America started coverage on ProSight Global in a research note on Monday. They set a “buy” rating and a $23.00 price objective on the stock. Goldman Sachs Group started coverage on ProSight Global in a research note on Monday. They set a “neutral” rating and a $20.00 price objective on the stock. Finally, SunTrust Banks started coverage on ProSight Global in a report on Monday. They set a “buy” rating and a $25.00 target price for the company. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. ProSight Global has an average rating of “Buy” and an average price target of $23.40.
Shares of NASDAQ PROS opened at $20.79 on Monday. ProSight Global has a 52-week low of $15.75 and a 52-week high of $20.83.
ProSight Global (NASDAQ:PROS) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.36 earnings per share (EPS) for the quarter. The firm had revenue of $220.11 million for the quarter.
About ProSight Global
ProSight Global, Inc operates as an entrepreneurial property and casualty insurance company in the United States. The company's Media and Entertainment customer segment offers solutions to customers engaged in the film production, live media, and sports sectors. It provides support for its customers' commercial insurance needs, including property and general liability, umbrella and excess, auto, workers' compensation, completion bond, and specialized productions policies.
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