Truist lowered the firm’s price target on James River Group (JRVR) to $5 from $6. The firm keeps a Hold rating on the shares, citing a lack of visibility around future reserve trends and the analyst tells investors in a research note that upside in the stock will be limited until there is greater confidence in the company’s balance sheet.
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Read More on JRVR:
- James River Group price target lowered to $6.25 from $7.75 at Compass Point
- James River Group Faces Financial Uncertainty Amid $54.1 Million Dispute Over JRG Re Sale
- James River Group Reports Q4 2024 Financial Results
- James River Group Faces Challenges Amid E&S Growth
- James River Group Announces Leadership Changes and Dividend
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