Property and casualty insurance (earthquake
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Palomar Holdings, Inc. (PLMR) Gains Analyst Support as JPMorgan and KBW Raise Targets
Yahoo Finance· 2026-01-22 08:23
Company Overview - Palomar Holdings, Inc. (PLMR) is a specialty insurance company focused on property and casualty products, including earthquake, inland marine, and excess and surplus lines [4] Analyst Ratings and Price Targets - JPMorgan raised the price target for PLMR to $155 from $145 while maintaining an Overweight rating, indicating confidence in the company's growth potential despite challenging industry fundamentals [2] - Keefe, Bruyette & Woods also raised its price target on PLMR to $171 from $170 and reiterated an Outperform rating, reflecting positive analyst sentiment towards the stock [3] Industry Context - The property and casualty (P&C) insurance industry is facing worsening fundamentals, but pricing, margin, and growth concerns appear to be largely priced in according to analysts [2]