Infinity Property and Casualty (NASDAQ:IPCC) has been given a $121.00 price objective by Keefe, Bruyette & Woods in a research note issued on Tuesday. The brokerage presently has a “hold” rating on the insurance provider’s stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 25.98% from the stock’s previous close.
IPCC has been the subject of a number of other research reports. Zacks Investment Research cut shares of Infinity Property and Casualty from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 10th. BidaskClub cut shares of Infinity Property and Casualty from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Infinity Property and Casualty has a consensus rating of “Buy” and a consensus target price of $115.00.
Infinity Property and Casualty (IPCC) traded down $1.00 during midday trading on Tuesday, hitting $96.05. 67,100 shares of the company’s stock were exchanged, compared to its average volume of 59,339. The stock has a market capitalization of $1,060.44, a PE ratio of 20.35, a P/E/G ratio of 1.81 and a beta of 0.79. Infinity Property and Casualty has a fifty-two week low of $83.00 and a fifty-two week high of $117.20. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.38.
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Infinity Property and Casualty Company Profile
Infinity Property and Casualty Corporation is a holding company. The Company’s segments include Personal Auto, Commercial Vehicle and Classic Collector (its segments are Personal Auto and Commercial Vehicle). The Company writes personal automobile insurance with a concentration on nonstandard automobile insurance, commercial vehicle insurance and classic collector automobile insurance.
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