# RLI Corp. – Consensus ‘buy’ rating and 11.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/rli-corp.consensus-buy-rating-and-11.8-upside-potential/4121130265
- Published: 2023-10-20T13:20:53+01:00
- Author: Charlotte Edwards

**RLI Corp.** with ticker code (RLI) have now 4 analysts in total covering the stock.
The consensus rating is pointing to ‘buy’. The target price High/Low ranges between
155 and 151 calculating the average target price we see $153.75. Given that the 
stocks previous close was at $137.52 and the analysts are correct then there would
likely be a percentage uptick in value of 11.8%. The 50 day moving average now sits
at $134.68 and the 200 day moving average is $133.76. The market cap for the company
is 6.14B. The stock price for the company is currently 134.59 USD

 The potential market cap would be $6,861,051,909 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 8.64, revenue per share of 43.24
and a 11.89% return on assets.

RLI Corp. is a specialty insurance company that underwrites select property, casualty
and surety products through subsidiaries, as well as insurance coverage in the specialty
admitted and excess and surplus markets. The Company’s segment includes Casualty,
Property and Surety. The Casualty segment consists of commercial excess and personal
umbrella, general liability, commercial transportation, professional services, small
commercial, executive products and other casualty. The Property segment consists
of commercial property, marine and other property. The Surety segment consists of
commercial, miscellaneous and contract. Its small commercial business offers property
and casualty insurance coverage for small to mid-sized contractors, focused on the
construction industry. It conducts operations principally through three insurance
companies, including RLI Insurance Company (RLI Ins.), Mt. Hawley Insurance Company(
Mt. Hawley) and Contractors Bonding and Insurance Company (CBIC).

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