Ryan Specialty Group (RYAN) Receives a Hold from J.P. Morgan
J.P. Morgan analyst Jimmy Bhullar maintained a Hold rating on Ryan Specialty Group (RYAN – Research Report) on July 6 and set a price target of $37.00. The companys shares closed last Thursday at $39.65, close to its 52-week high of $42.43.
According to TipRanks.com, Bhullar is a 4-star analyst with an average return of 7.9% and a 56.1% success rate. Bhullar covers the Financial sector, focusing on stocks such as Marsh & Mclennan Companies, Travelers Companies, and Hartford Financial.
The word on The Street in general, suggests a Hold analyst consensus rating for Ryan Specialty Group with a $39.25 average price target.
See Insiders’ Hot Stocks on TipRanks >> The company has a one-year high of $42.43 and a one-year low of $25.57. Currently, Ryan Specialty Group has an average volume of 608K. Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RYAN in relation to earlier this year. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Ryan Specialty Group Holdings Inc is a service provider of specialty products and solutions for insurance brokers, agents and carriers. It provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter. Read More on RYAN:
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