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Palomar (PLMR) Stock Forecast & Price Target

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$104.93 +1.12 (+1.08%)
(As of 12/20/2024 05:16 PM ET)

Palomar - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
3
Buy
4

Based on 7 Wall Street analysts who have issued ratings for Palomar in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 3 have given a hold rating, and 4 have given a buy rating for PLMR.

Consensus Price Target

$111.67
6.42% Upside
According to the 7 analysts' twelve-month price targets for Palomar, the average price target is $111.67. The highest price target for PLMR is $136.00, while the lowest price target for PLMR is $99.00. The average price target represents a forecasted upside of 6.42% from the current price of $104.93.
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PLMR Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$111.67$109.00$101.33$62.20
Forecasted Upside6.42% Upside0.63% Upside5.85% Upside8.42% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

PLMR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PLMR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Palomar Stock vs. The Competition

TypePalomarFinance CompaniesS&P 500
Consensus Rating Score
2.57
2.50
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside6.42% Upside18.66% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent PLMR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/6/2024Keefe, Bruyette & Woods
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$120.00 ➝ $136.00+22.23%
11/8/2024Piper Sandler
2 of 5 stars
 Boost TargetOverweight ➝ Overweight$105.00 ➝ $110.00+15.50%
11/7/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$93.00 ➝ $100.00+4.93%
10/9/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$110.00 ➝ $113.00+18.98%
8/8/2024Truist Financial
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 Boost TargetBuy ➝ Buy$100.00 ➝ $112.00+17.97%
8/6/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$90.00 ➝ $99.00+12.18%
4/15/2024JMP Securities
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 Reiterated RatingMarket Perform
4/5/2023Barclays
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 Boost TargetOverweight$59.00 ➝ $63.00+18.42%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:23 PM ET.


PLMR Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Palomar is $111.67, with a high forecast of $136.00 and a low forecast of $99.00.

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Palomar in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PLMR shares.

According to analysts, Palomar's stock has a predicted upside of 6.42% based on their 12-month stock forecasts.

Palomar has been rated by research analysts at Jefferies Financial Group, JPMorgan Chase & Co., Keefe, Bruyette & Woods, and Piper Sandler in the past 90 days.

Analysts like Palomar more than other "finance" companies. The consensus rating for Palomar is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how PLMR compares to other companies.


This page (NASDAQ:PLMR) was last updated on 12/22/2024 by MarketBeat.com Staff
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