Fortegra Financial Corp Hits New 12-Month High at $9.95 (FRF)
Fortegra Financial Corp (NYSE:FRF) shares hit a new 52-week high on Tuesday , Stock Ratings News reports. The stock traded as high as $9.95 and last traded at $9.89, with a volume of 43,228 shares trading hands. The stock had previously closed at $9.87.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Fortegra Financial Corp from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 21st. They now have a $10.60 price target on the stock. Separately, 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. Finally, analysts at TheStreet upgraded shares of Fortegra Financial Corp to a “buy” rating in a research note on Tuesday, July 29th.
The stock’s 50-day moving average is $8.26 and its 200-day moving average is $7.45. The company has a market cap of $194.5 million and a price-to-earnings ratio of 9.26.
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.
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