Wells Fargo & Company Issues Positive Forecast for Ategrity Specialty (NYSE:ASIC) Stock Price

Ategrity Specialty (NYSE:ASIC) had its target price lifted by Wells Fargo & Company from $23.00 to $25.00 in a research report sent to investors on Tuesday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Ategrity Specialty Stock Up 0.2%

Shares of NYSE ASIC traded up $0.03 during trading on Tuesday, hitting $18.51. 16,644 shares of the company traded hands, compared to its average volume of 67,832. Ategrity Specialty has a 1 year low of $16.35 and a 1 year high of $25.30. The stock has a market capitalization of $889.72 million and a PE ratio of 21.28.

About Ategrity Specialty

We are a profitable and growing specialty insurance company dedicated to providing excess and surplus (“E&S”) products to small to medium-sized businesses (“SMBs”) across the United States. We have built a proprietary underwriting platform that combines sophisticated data analytics with automated and streamlined processes to efficiently serve our clients and deliver long-term value to our stockholders. The SMB market is characterized by large volumes of small-sized policies, and we believe our competitive edge lies in our ability to offer consistent, high-speed, and low-touch interactions that our distribution partners value.