KBW Thinks National General Holdings’ Stock is Going to Recover

By Carrie Williams

KBW analyst Meyer Shields reiterated a Buy rating on National General Holdings (NASDAQ: NGHC) yesterday and set a price target of $27. The company’s shares opened today at $17.55, close to its 52-week high of $26.99.

According to TipRanks.com, Shields is a 4-star analyst with an average return of 4.4% and a 68.0% success rate. Shields covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Universal Insurance Holdings Inc, and Infinity Property and Casualty.

National General Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $27.

The company has a one year high of $26.99 and a one year low of $17.30. Currently, National General Holdings has an average volume of 259.5K.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock.

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.

National General Holdings Corp. is a specialty personal lines insurance holding company, which engages in the provision of insurance products. The firm’s products include personal and commercial automobile insurance; health insurance products; and other niche insurance products.