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Primerica (NYSE:PRI) was downgraded by analysts at Raymond James from a “strong-buy” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG reiterated a “neutral” rating on shares of Primerica in a research note on Tuesday. They now have a $46.00 price target on the stock, up previously from $42.00. Separately, analysts at Zacks downgraded shares of Primerica from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 15th. They now have a $52.30 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods upgraded shares of Primerica from a “market perform” rating to an “outperform” rating in a research note on Tuesday, February 11th. They now have a $51.00 price target on the stock, up previously from $47.00. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $47.26.

Primerica (NYSE:PRI) opened at 44.16 on Wednesday. Primerica has a 1-year low of $33.60 and a 1-year high of $49.59. The stock has a 50-day moving average of $46.38 and a 200-day moving average of $44.12. The company has a market cap of $2.427 billion and a price-to-earnings ratio of 16.20.

Primerica (NYSE:PRI) last released its earnings data on Monday, May 5th. The company reported $0.77 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.82 by $0.05. The company had revenue of $324.30 million for the quarter, compared to the consensus estimate of $332.02 million. During the same quarter last year, the company posted $0.65 earnings per share. Primerica’s revenue was up 8.6% compared to the same quarter last year. On average, analysts predict that Primerica will post $3.40 earnings per share for the current fiscal year.

Primerica, Inc (NYSE:PRI) is a distributor of financial products to middle income households in the United States and Canada.

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