Alert: Major Price Decline (11/9/23)-ProAssurance Corp (NYSE: PRA).


ProAssurance Corp (NYSE: PRA) stock closed at $13.91 on 11/9/23 after a major decline of -21.3%. The stock has declined -19.5% during the last week but has been strong relative to the market over the last nine months.


Current PriceTarget Research Rating

PRA is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

ProAssurance has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. ProAssurance has a poor Appreciation Score of 28 but a slightly positive Power Rating of 68, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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