Navigators Group (NASDAQ:NAVG) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a report issued on Friday, February 2nd.
Several other analysts have also recently commented on the stock. Zacks Investment Research cut shares of Navigators Group from a “buy” rating to a “hold” rating in a research note on Tuesday, January 23rd. Keefe, Bruyette & Woods restated a “sell” rating on shares of Navigators Group in a research report on Thursday, December 21st. BidaskClub cut shares of Navigators Group from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 21st. Sandler O’Neill upgraded shares of Navigators Group from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th. Finally, Boenning Scattergood restated a “hold” rating on shares of Navigators Group in a research report on Monday, November 6th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $52.67.
Navigators Group (NASDAQ:NAVG) traded up $0.60 during mid-day trading on Friday, hitting $48.35. 189,510 shares of the stock traded hands, compared to its average volume of 85,877. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.44 and a quick ratio of 0.44. Navigators Group has a one year low of $45.80 and a one year high of $60.35. The firm has a market cap of $1,426.47, a PE ratio of 52.55 and a beta of 0.71.
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About Navigators Group
The Navigators Group, Inc is an insurance holding company. The Company is an international insurance company focused on marine insurance. The Company’s segments include U.S. Insurance, International Insurance (Int’l Insurance), Global Reinsurance (GlobalRe) and Corporate. The Company’s Property and Casualty (P&C) insurance business primarily offers general liability coverage, and umbrella and excess liability coverage to commercial enterprises through its U.S.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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