Primerica with ticker code (PRI) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 199 and 160 calculating the mean target price we have 179.83. Given that the stocks previous close was at 149.07 this is indicating there is a potential upside of 20.6%. The 50 day MA is 152.22 and the 200 day moving average is 154.99. The company has a market cap of $5,798m. Company Website: https://www.primerica.com
The potential market cap would be $6,994m based on the market concensus.
Primerica, together with its subsidiaries, provides financial products to middle-income households in the United States and Canada. The company operates in three segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. It underwrites individual term life insurance products. The company also provides mutual funds and various retirement plans, managed investments, variable and fixed annuities, fixed indexed annuities, and segregated funds. In addition, it offers auto and homeowners’ insurance, home automation solutions, and mortgage loans; ID theft defense services; and insurance products, including supplemental health, accidental death, and disability for small businesses. Further, the company provides prepaid legal services that assist subscribers with legal matters, such as drafting wills, living wills and powers of attorney, trial defense, and motor vehicle-related matters. It distributes and sells its products through licensed sales representatives. Primerica was founded in 1927 and is headquartered in Duluth, Georgia.
