In a report released yesterday, Matthew Carletti from JMP Securities maintained a Buy rating on James River Group (JRVR – Research Report), with a price target of $36.00. The company's shares closed last Monday at $24.07, close to its 52-week low of $19.76. According to TipRanks.com, Carletti is a 4-star analyst with an average return of 4.4% and a 58.7% success rate. Carletti covers the Financial sector, focusing on stocks such as Argo Group International Holdings, Heritage Insurance Holdings, and Old Republic International. Currently, the analyst consensus on James River Group is a Strong Buy with an average price target of $29.50.
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