B.Riley FBR analyst Randy Binner maintained a Buy rating on National General Holdings (NASDAQ:NGHC) on Wednesday, setting a price target of $34.5, which is approximately 65.07% above the present share price of $20.9.
Binner expects National General Holdings to post earnings per share (EPS) of $0.82 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in National General Holdings, with an average price target of $29.25.
The analysts price targets range from a high of $34.5 to a low of $24.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.33 billion and a net profit of $0. The company's market cap is $2.32 billion.
According to TipRanks.com, B.Riley FBR analyst Randy Binner is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.5% and a 55.00% success rate.
National General Holdings Corp. is a specialty personal lines insurance company, which engages in the provision of specialty personal lines insurance products. The firm's products include personal and commercial automobile insurance; health insurance products; and other niche insurance products. It operates through the following business segments: Property and Casualty (P&C); and Accident and Health (A&H). The P&C segment operates its business through the following distribution channels: agency, affinity, and direct. The A&H segment offers accident and non-major medical health insurance products. The company was founded by Michael Karfunkel in 2009 and is headquartered in New York, NY.