Verisk Analytics, Inc. (NASDAQ:VRSK) has earned a consensus rating of “Hold” from the fourteen analysts that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $115.18.
VRSK has been the subject of a number of research analyst reports. BidaskClub upgraded Verisk Analytics from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 24th. UBS Group decreased their price objective on Verisk Analytics from $104.00 to $100.00 and set a “sell” rating on the stock in a research note on Tuesday, January 8th. Bank of America began coverage on Verisk Analytics in a research note on Tuesday, October 23rd. They set a “neutral” rating and a $125.00 price objective on the stock. Zacks Investment Research lowered Verisk Analytics from a “hold” rating to a “sell” rating in a research note on Saturday, January 12th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $135.00 price objective on shares of Verisk Analytics in a research note on Thursday, December 6th.
NASDAQ:VRSK opened at $122.09 on Friday. The firm has a market capitalization of $20.08 billion, a price-to-earnings ratio of 38.03, a price-to-earnings-growth ratio of 2.33 and a beta of 0.74. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.49 and a quick ratio of 0.49. Verisk Analytics has a 1 year low of $92.62 and a 1 year high of $125.99.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Verisk Analytics by 3.8% during the 2nd quarter. FMR LLC now owns 12,029 shares of the business services provider’s stock valued at $1,295,000 after buying an additional 437 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Verisk Analytics by 0.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,330,910 shares of the business services provider’s stock valued at $143,260,000 after buying an additional 12,165 shares during the period. Fox Run Management L.L.C. purchased a new stake in shares of Verisk Analytics during the 3rd quarter valued at about $254,000. DNB Asset Management AS raised its holdings in shares of Verisk Analytics by 7.3% during the 3rd quarter. DNB Asset Management AS now owns 22,473 shares of the business services provider’s stock valued at $2,709,000 after buying an additional 1,522 shares during the period. Finally, Iberiabank Corp raised its holdings in shares of Verisk Analytics by 27.6% during the 3rd quarter. Iberiabank Corp now owns 3,738 shares of the business services provider’s stock valued at $451,000 after buying an additional 808 shares during the period. 95.94% of the stock is currently owned by institutional investors and hedge funds.
Verisk Analytics Company Profile
Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.
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