Piper Sandler Upgrades Old Republic International (ORI) to Overweight on Attractive Valuation

Piper Sandler analyst Paul Newsome upgraded Old Republic International (NYSE: ORI) from Neutral to Overweight with a price target of $32.00.

The analyst comments "We think the market over-reacted to ORI's fourth quarter earnings miss. We think the stock is attractively priced at just over 9 times 2025 earnings. At just over 9 times forward 2025 earnings, ORI is now relatively inexpensive versus both its title insurance peers that trade at about 10 times forward earnings and its property-casualty insurance peers that trade 11-12 times. At just 119% of book value, ORI is one of the least expensive stocks in our coverage with title peers trading at least that level and its P/C peers trading around 150% of book value."

For an analyst ratings summary and ratings history on Old Republic International click here. For more ratings news on Old Republic International click here.

Shares of Old Republic International closed at $27.87 yesterday.

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