Crawford & Company (NYSE:CRD.A) Upgraded to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Crawford & Company from “hold” to “buy,” signaling a more positive analyst view on the stock.
• Other coverage remains upbeat: Barrington Research reiterated an “outperform” rating and kept a $14.00 price target, which matches the current consensus target.
• The stock was trading at $10.01 versus a consensus target of $14.00, and the company reported Q1 EPS of $0.16 on revenue of $320.13 million.

Crawford & Company (NYSE:CRD.A - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

Separately, Barrington Research reissued an "outperform" rating and set a $14.00 price target on shares of Crawford & Company in a research report on Monday, March 9th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Crawford & Company has an average rating of "Buy" and a consensus target price of $14.00.

Crawford & Company Stock Performance

Shares of CRD.A opened at $10.01 on Friday. The business's 50 day moving average is $10.26 and its two-hundred day moving average is $10.76. Crawford & Company has a 52-week low of $8.63 and a 52-week high of $12.10. The firm has a market cap of $487.19 million, a price-to-earnings ratio of 27.81 and a beta of 0.83. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.86.

Crawford & Company (NYSE:CRD.A - Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $320.13 million for the quarter. Crawford & Company had a return on equity of 24.21% and a net margin of 1.37%.

About Crawford & Company

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses. It also offers services in the areas of field investigation, catastrophe, evaluation, and resolution of property and casualty insurance claims; and various on-demand inspection, verification, and other task specific field services for businesses and consumers through a mobile platform.

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