In a report issued on July 18, Matthew Carletti from JMP Securities maintained a Hold rating on Alleghany (Y – Research Report). The company’s shares closed last Tuesday at $837.31, close to its 52-week high of $862.87.
According to TipRanks.com, Carletti is a 1-star analyst with an average return of -1.4% and a 53.3% success rate. Carletti covers the Financial sector, focusing on stocks such as Argo Group International Holdings, Heritage Insurance Holdings, and Old Republic International.
The word on The Street in general, suggests a Hold analyst consensus rating for Alleghany.
The company has a one-year high of $862.87 and a one-year low of $585.10. Currently, Alleghany has an average volume of 142K.
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.
Alleghany Corp. engages in the provision of property, casualty reinsurance, insurance and financial services. It operates its through the Reinsurance and Insurance segments. The Reinsurance segment consists of property and casualty and other reinsurance operations. The Insurance segment consists of property and casualty insurance operations. The company was founded by Oris Paxton Van Sweringen and Mantis James Van Sweringen in 1929 and is headquartered in New York, NY.
Read More on Y:
- United Insurance Holdings (UIHC) Receives a Hold from JMP Securities
- JMP Securities Remains a Hold on Renaissancere Holdings (RNR)
- JMP Securities Sticks to Their Hold Rating for Old Republic International (ORI)
- Midwest Holding (MDWT) Gets a Hold Rating from JMP Securities
- Horace Mann Educators (HMN) Gets a Hold Rating from JMP Securities