OneBeacon Insurance Group Lowered to “Underperform” at Zacks (OB)
OneBeacon Insurance Group (NYSE: OB) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report released on Thursday. They currently have a $12.70 target price on the stock.
OneBeacon Insurance Group traded up 2.63% on Thursday, hitting $13.67. OneBeacon Insurance Group has a 1-year low of $12.20 and a 1-year high of $15.79. The stock’s 50-day moving average is currently $13.49. The company’s market cap is $1.304 billion.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 29th. Stockholders of record on Friday, March 15th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date of this dividend is Wednesday, March 13th.
OneBeacon Insurance Group, Ltd. (OneBeacon) is a property and casualty insurance writer, which provides a range of insurance products and services.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.