Enact Holdings Inc has a consensus price target of $33.14 based on the ratings of 7 analysts. The high is $38 issued by JP Morgan on October 7, 2024. The low is $28 issued by Citigroup on May 5, 2023. The 3 most-recent analyst ratings were released by JP Morgan, BTIG, and UBS on October 7, 2024, August 5, 2024, and May 22, 2024, respectively. With an average price target of $36 between JP Morgan, BTIG, and UBS, there's an implied 3.57% upside for Enact Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Enact Holdings (NASDAQ:ACT) was reported by JP Morgan on October 7, 2024. The analyst firm set a price target for $38.00 expecting ACT to rise to within 12 months (a possible 9.32% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Enact Holdings (NASDAQ:ACT) was provided by JP Morgan, and Enact Holdings maintained their neutral rating.
The last upgrade for Enact Holdings Inc happened on November 13, 2023 when B of A Securities raised their price target to $30. B of A Securities previously had a neutral for Enact Holdings Inc.
The last downgrade for Enact Holdings Inc happened on September 6, 2022 when JP Morgan changed their price target from N/A to $27 for Enact Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Enact Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Enact Holdings was filed on October 7, 2024 so you should expect the next rating to be made available sometime around October 7, 2025.
While ratings are subjective and will change, the latest Enact Holdings (ACT) rating was a maintained with a price target of $36.00 to $38.00. The current price Enact Holdings (ACT) is trading at is $34.76, which is out of the analyst’s predicted range.
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