ProSight Global (NASDAQ:PROS) Receives New Coverage from Analysts at SunTrust Banks
SunTrust Banks assumed coverage on shares of ProSight Global (NASDAQ:PROS) in a research note released on Monday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $25.00 price target on the stock. SunTrust Banks also issued estimates for ProSight Global’s Q3 2019 earnings at $0.31 EPS, Q4 2019 earnings at $0.34 EPS, FY2019 earnings at $1.35 EPS, FY2020 earnings at $1.45 EPS and FY2021 earnings at $1.68 EPS.
Separately, Bank of America assumed coverage on ProSight Global in a report on Monday. They issued a buy rating and a $23.00 price objective for the company. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Buy and an average target price of $23.40.
Shares of PROS opened at $19.57 on Monday. ProSight Global has a one year low of $15.75 and a one year high of $21.00.
ProSight Global Company Profile
ProSight Global, Inc operates as an entrepreneurial property and casualty insurance company in the United States. The company's Media and Entertainment customer segment offers solutions to customers engaged in the film production, live media, and sports sectors. It provides support for its customers' commercial insurance needs, including property and general liability, umbrella and excess, auto, workers' compensation, completion bond, and specialized productions policies.
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