PRA ProAssurance Corporation

ProAssurance (NYSE:PRA) stock price has risen above its 200-day moving average of $23.80, trading as high as $24.14 on Monday. Analysts currently rate the stock as "Reduce" with a consensus target price of $25.00, with five firms rating it Hold and one as Sell. The company, with a market cap of $1.24 billion, faces mixed analyst actions and thin liquidity profiles.

ProAssurance (PRA) stock reached a new 52-week high of $24.41 USD, marking a significant 45.11% increase over the past year. This achievement reflects strong market performance and investor confidence, supported by the stock's low price volatility with a beta of 0.12. Analysts have set a target price of $25 for the company.

Squarepoint Ops LLC recently invested $6.60 million in ProAssurance Corporation, acquiring 289,208 shares and establishing a 0.56% stake. Institutional investors now own 85.58% of the stock, with several firms increasing their positions. Despite these investments, analysts maintain a "Reduce" consensus rating with an average price target of $25.00, while the stock trades near $24.26.

LMR Partners LLP significantly increased its stake in ProAssurance Corporation (NYSE:PRA) by 287.2% in Q2, now holding 806,471 shares valued at $18.41 million. Despite this large investment, ProAssurance holds an average analyst rating of "Reduce" with a consensus price target of $25.00, driven by recent downgrades. The company's stock is trading near its 12-month high with a market cap of $1.25 billion and analysts predict an EPS of 0.8 for the current year.

ProAssurance (PRA) stock has hit a 52-week high of $24.41, marking a 45.11% increase over the past year and reflecting strong investor confidence. The company's stock generally trades with low price volatility, and analysts have set a target price of $25. This achievement highlights ProAssurance's continued growth trajectory in the market.

ProAssurance Corporation's stock reached a 52-week high of $24.41, nearing its $25.00 per share acquisition price by The Doctors Company. The market's focus has shifted almost entirely to the deal's closing, with minimal volatility and traditional financial metrics taking a secondary role. The narrowing spread and low beta indicate a high probability of the acquisition being finalized soon.