Palomar Hldgs
(NASDAQ:PLMR)
$84.06
0[0.00%]
At close: May 14
$84.06
0[0.00%]
PreMarket: 4:00PM EDT
Consensus Rating1
Overweight
Highest Price Target1
$97.00
Lowest Price Target1
$63.00
Consensus Price Target1
$66.60

Palomar Hldgs Stock (NASDAQ:PLMR), Analyst Ratings, Price Targets, Predictions

Palomar Holdings Inc has a consensus price target of $66.6, established from looking at the 36 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Truist Securities, and JMP Securities on May 6, 2024, May 6, 2024, and April 15, 2024. With an average price target of $62.33 between Piper Sandler, Truist Securities, and JMP Securities, there's an implied -25.85% downside for Palomar Holdings Inc from these 3 analyst ratings.

Analyst Trend
2
Feb
1
Mar
2
2
Apr
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Truist Securities
JMP Securities
Evercore ISI Group
Keefe, Bruyette & Woods

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Palomar Hldgs

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ticker
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Company
Current price
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FAQ

Q

What is the target price for Palomar Hldgs (PLMR)?

A

The latest price target for Palomar Hldgs (NASDAQ: PLMR) was reported by Piper Sandler on May 6, 2024. The analyst firm set a price target for $90.00 expecting PLMR to rise to within 12 months (a possible 7.07% upside). 14 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Palomar Hldgs (PLMR)?

A

The latest analyst rating for Palomar Hldgs (NASDAQ: PLMR) was provided by Piper Sandler, and Palomar Hldgs maintained their overweight rating.

Q

When was the last upgrade for Palomar Hldgs (PLMR)?

A

The last upgrade for Palomar Holdings Inc happened on March 14, 2024 when Jefferies raised their price target to $88. Jefferies previously had a hold for Palomar Holdings Inc.

Q

When was the last downgrade for Palomar Hldgs (PLMR)?

A

The last downgrade for Palomar Holdings Inc happened on April 8, 2024 when JP Morgan changed their price target from $79 to $85 for Palomar Holdings Inc.

Q

When is the next analyst rating going to be posted or updated for Palomar Hldgs (PLMR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Palomar Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Palomar Hldgs was filed on May 6, 2024 so you should expect the next rating to be made available sometime around May 6, 2025.

Q

Is the Analyst Rating Palomar Hldgs (PLMR) correct?

A

While ratings are subjective and will change, the latest Palomar Hldgs (PLMR) rating was a maintained with a price target of $89.00 to $90.00. The current price Palomar Hldgs (PLMR) is trading at is $84.06, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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