Heritage Insurance Holdings Now Covered by Analysts at JMP Securities (HRTG)
Investment analysts at JMP Securities initiated coverage on shares of Heritage Insurance Holdings (NASDAQ:HRTG) in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $17.00 price target on the stock. JMP Securities’ price objective suggests a potential upside of 17.97% from the company’s current price.
Heritage Insurance Holdings (NASDAQ:HRTG) traded up 1.20% 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 P/E ratio of 6.80.
Separately, 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, Inc, formerly Heritage Insurance Holdings, LLC., is a property and casualty insurance holding company.
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