A statement released earlier today by FBR & Co. about James River Group Holdings Ltd (NASDAQ:JRVR) raises the target price to $40.00
- Updated: October 3, 2016
Having a price of $36.21, James River Group Holdings Ltd (NASDAQ:JRVR) traded 0.03% higher on the day. With the last stock price close up 7.09% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. James River Group Holdings Ltd has recorded a 50-day average of $35.90 and a two hundred day average of $33.81. Trade Volume was up over the average, with 71,172 shares of JRVR changing hands over the typical 67,431
James River Group Holdings Ltd (NASDAQ:JRVR) had its target price raised to $40.00 by FBR & Co. in a report released 10/04/2016. The upped price target suggests a potential upside of 0.10% from the company's most recent close.
Recent Performance Chart
James River Group Holdings Ltd has a 52 week low of $25.86 and a 52 week high of $38.31 with a P/E ratio of 18.22 The company’s market cap is currently $0.
General Information About James River Group Holdings Ltd (NASDAQ:JRVR)
James River Group Holdings, Ltd. is an insurance holding company. The Company owns and operates a group of specialty insurance and reinsurance companies. The Company operates through four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. The Excess and Surplus Lines segment offers excess and surplus commercial lines liability and property insurance. The Specialty Admitted Insurance segment focuses on a range of markets within the standard insurance markets, such as workers' compensation coverage for residential contractors, light manufacturing operations, transportation workers and healthcare workers. The Casualty Reinsurance segment provides proportional and working layer casualty reinsurance to third parties and to the United-based insurance subsidiaries. The Corporate and Other segment consists of the management and treasury activities of its holding companies and interest expense associated with its debt.
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