James River Group Holdings (JRVR) PT Raised to $7 at Truist Securities

Truist Securities analyst Mark Hughes raised the price target on James River Group Holdings (NASDAQ: JRVR) to $7.00 (from $6.00) while maintaining a Hold rating.

The analyst commented, "We are lowering our EPS estimate for 2026 to $1.20 from $1.25 driven by a slower ramp in growth in 2026 partially offset by better profitability, while we are establishing a 2027 forecast of $1.25 per share. Our price target of $7 (from $6) assumes JRVR trades at 0.7x tangible common equity per share. Our Hold rating is based on our view that upside in the stock will be limited until there is greater investor confidence in the company’s balance sheet and profitable growth."

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