Heritage Insurance Holdings Coverage Initiated by Analysts at Citigroup Inc. (HRTG)
Equities research analysts at Citigroup Inc. started coverage on shares of Heritage Insurance Holdings (NASDAQ:HRTG) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $19.00 price target on the stock. Citigroup Inc.’s price target suggests a potential upside of 31.85% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JMP Securities initiated coverage on shares of Heritage Insurance Holdings in a research note on Tuesday. They set an “outperform” rating and a $17.00 price target on the stock. Analysts at SunTrust initiated coverage on shares of Heritage Insurance Holdings in a research note on Tuesday. They set a “buy” rating and a $21.00 price target on the stock.
Heritage Insurance Holdings (NASDAQ:HRTG) traded up 1.20% during mid-day trading on Tuesday, hitting $14.5828. The stock had a trading volume of 70,099 shares. Heritage Insurance Holdings has a 52 week low of $11.29 and a 52 week high of $14.59. The stock has a 50-day moving average of $13.10 and a 200-day moving average of $13.10. The company has a market cap of $433.1 million and a price-to-earnings ratio of 6.80.
Heritage Insurance Holdings, Inc, formerly Heritage Insurance Holdings, LLC., is a property and casualty insurance holding company.
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