# RLI Corp.  Share Price Target ‘$155.75’, now 13.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/rli-corp.share-price-target-155.75-now-13.4-upside-potential/4121142020
- Published: 2024-02-09T13:48:55+00:00
- Author: Charlotte Edwards

**RLI Corp.** with ticker code (RLI) have now 4 market analysts covering the stock.
The analyst consensus now points to a rating of ‘buy’. The target price High/Low
ranges between $160.00 and $148.00 with the average share target price sitting at
$155.75. (at the time of writing). Given that the stocks previous close was at $
137.38 this is indicating there is a potential upside of 13.4%. It’s also worth 
noting that there is a 50 day moving average of $135.99 and the 200 moving average
now moves to $134.63. The company has a market capitalization of 6.26B. The stock
price is currently at: $137.20 USD

 The potential market cap would be $7,099,115,855 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 20.76, revenue per share of $32.82
and a 4.71% 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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