Compass Point analyst Casey Alexander lowered the firm’s price target on James River Group to $12 from $12.50 and keeps a Buy rating on the shares. James River now offers “a relatively clean E&S earnings stream with minimal risk of meaningful future adverse development,” says the analyst, who believes the current valuation undervalues the remaining business whether a sale of the remainder of the business takes place.
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Read More on JRVR:
- James River Group price target lowered to $11 from $14 at JMP Securities
- James River Group reports Q2 adjusted EPS 33c, consensus 42c
- James River Group Holdings Ltd. (JRVR) Q2 Earnings Cheat Sheet
- James River Group Announces Leadership Retention Incentives
- James River To Hold Its Second Quarter Earnings Conference Call on Tuesday, August 6, 2024
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