RLI Corp. with ticker code (RLI) now has 4 analysts covering the stock, with the consensus suggesting a ‘hold’ rating. The target price is between 130 and 112 with a mean TP of 119.75. Given that the stock’s previous closing price was 107.37, this suggests a potential upside of 11.5%. The 50-day moving average is now at 103.1 and the 200-day moving average is now hovering at 106.84. The company has a market capitalization of $ 4,902 million. Visit the company’s website at: http://www.rlicorp.com
RLI Corp., an insurance holding company, writes property and casualty insurance in the United States and internationally. The liability segment offers commercial and personal coverage products; and general liability products, such as liability coverage for commercial insured persons, including manufacturers, contractors, homes and merchants. This segment also provides coverage for security personnel and in the areas of land energy companies and environmental liability for underground storage tanks, contractors and asbestos and environmental remediation specialists; and professional indemnity insurance focuses on providing failure and omission protection for small to medium sized design, engineering, computing and other professionals. In addition, this segment offers commercial vehicle liability and property damage insurance for local, medium and long-haul truckers, public transport companies and other types of special commercial vehicle risks; applicable and associated insurance coverage; Inland shipping covers; Management liability insurance, such as B. Directors ‘and officers’ liability insurance, fiduciary liability and fidelity insurance, and for various classes of risk, including public and private companies; and liability and home insurance products. The company’s Property segment offers commercial property, cargo, hull, protection and liability insurance products, marine liability, inland shipping, house and apartment fire and other property insurance products. The Surety segment offers commercial guarantees for medium to large companies; small bonds for businesses and individuals; and bonds for small to medium sized contractors. In addition, the company writes various reinsurance covers. It markets its products through branches, brokers, and underwriting and independent agents. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.
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