Citizens JMP Reiterates Market Perform Rating on RLI Corp. (RLI)
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Rating Summary:
4 Buy, 7 Hold, 2 Sell
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Today's Overall Ratings:
Up: 20 | Down: 36 | New: 6
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Citizens JMP analyst Matthew Carletti reiterated a Market Perform rating on RLI Corp. (NYSE: RLI).
The analyst commented, "When we mark book values for movements in the fixed income and equity markets (i.e., no FX or earnings impact) QTD, we project the most favorable mark-to-market impacts will be seen at RLI (RLI, MP) at +1.9% and Chubb (CB, MO, $325 PT) at +1.8% of book value."
For an analyst ratings summary and ratings history on RLI Corp. click here. For more ratings news on RLI Corp. click here.
Shares of RLI Corp. closed at $68.47 yesterday.
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