Primerica (NYSE:PRI) : 2 brokerage houses believe that Primerica (NYSE:PRI) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.
Primerica (NYSE:PRI) : Average target price received by Primerica (NYSE:PRI) is $63 with an expected standard deviation of $7.07. The most aggressive target on the stock is $68, whereas the most downbeat target is $58. 2 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy.
Primerica (NYSE:PRI): stock turned positive on Tuesday. Though the stock opened at $53.42, the bulls momentum made the stock top out at $55.63 level for the day. The stock recorded a low of $52.9664 and closed the trading day at $55.6, in the green by 5.44%. The total traded volume for the day was 1,032,212. The stock had closed at $52.73 in the previous days trading.
In an insider trading activity,The officer (Executive VP and COO) of Primerica, Inc., Pitts Gregory C. sold 2,500 shares at $58.07 on June 6, 2016. The Insider selling transaction had a total value worth of $145,175. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Primerica Inc. is a distributor of financial products and focuses on term life insurance, which it underwrites, and mutual funds, annuities and other financial products, which it distributes primarily on behalf of third parties. The Company operates through the Term Life Insurance, Investment and Savings Products, as well as Corporate and Other Distributed Products operating segments to organize, evaluate and manage its business. The Term Life Insurance segment includes underwriting profits on its in-force book of term life insurance policies, net of reinsurance, which are underwritten by its life insurance company subsidiaries. The Investment and Savings Products segment includes mutual funds, managed investments and annuities distributed through licensed broker-dealer subsidiaries and includes segregated funds. The Company also has a Corporate and Other Distributed Products segment, which consists primarily of revenues and expenses related to the distribution of non-core products.