Verisk Analytics Coverage Initiated by Analysts at Raymond James (VRSK)
Stock analysts at Raymond James began coverage on shares of Verisk Analytics (NASDAQ:VRSK) in a report issued on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets raised their price target on shares of Verisk Analytics from $70.00 to $74.00 in a research note to investors on Tuesday, September 24th. They now have an “outperform” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Verisk Analytics in a research note to investors on Friday, September 20th. They set a “neutral” rating and a $66.39 price target on the stock. Finally, analysts at SunTrust raised their price target on shares of Verisk Analytics from $71.00 to $74.00 in a research note to investors on Thursday, August 1st. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $66.22.
Verisk Analytics (NASDAQ:VRSK) opened at 65.02 on Monday. Verisk Analytics has a 52-week low of $45.04 and a 52-week high of $66.77. The stock’s 50-day moving average is $63.99 and its 200-day moving average is $61.46. The company has a market cap of $10.918 billion and a P/E ratio of 32.35.
Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.55 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.02. The company had revenue of $421.32 million for the quarter, compared to the consensus estimate of $418.95 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was up 12.9% on a year-over-year basis.
Verisk Analytics, Inc (NASDAQ:VRSK) is a provider of information about risk to professionals in insurance, healthcare, mortgage, government, supply chain, and risk management.
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