Fortegra Financial Corp Upgraded at Zacks (FRF)
Fortegra Financial Corp (NYSE:FRF) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Thursday. The firm currently has a $10.60 price target on the stock. Zacks‘s target price would indicate a potential upside of 7.51% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Macquarie downgraded shares of Fortegra Financial Corp from an “outperform” rating to a “neutral” rating in a research note on Wednesday, August 13th. They now have a $10.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of Fortegra Financial Corp to a “buy” rating in a research note on Tuesday, July 29th. Finally, analysts at Sandler O’Neill raised their price target on shares of Fortegra Financial Corp from $7.50 to $8.00 in a research note on Thursday, July 10th. They now have a “hold” rating on the stock.
Shares of Fortegra Financial Corp (NYSE:FRF) traded up 0.20% on Thursday, hitting $9.88. 16,526 shares of the company’s stock traded hands. Fortegra Financial Corp has a 52-week low of $6.46 and a 52-week high of $9.88. The stock’s 50-day moving average is $7.84 and its 200-day moving average is $7.3. The company has a market cap of $195.1 million and a price-to-earnings ratio of 9.25.
Fortegra Financial Corporation is specializing in insurance products and services. The Company’s business process outsourcing segment offers various administrative services under the Consecta and Pacific Benefits Group Northwest, LLC brand names to insurance and other financial services companies.
To view Zacks’ full report, visit Zacks’ official website.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.