It’s been a crucial week for Patriot National Inc (NYSE:PN); here’s what analysts have to say.

September 4, 2017 - By Adrian Erickson

 It's been a crucial week for Patriot National Inc (NYSE:PN); here's what analysts have to say.

Patriot National Inc (NYSE:PN) Ratings Coverage

Among 6 analysts covering Patriot National (NYSE:PN), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Patriot National had 10 analyst reports since August 12, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, November 16 by UBS. The rating was downgraded by Compass Point on Monday, May 16 to “Neutral”. The rating was downgraded by William Blair to “Market Perform” on Friday, December 18. The company was upgraded on Thursday, May 25 by ValuEngine. The stock of Patriot National Inc (NYSE:PN) has “Market Perform” rating given on Monday, March 13 by JMP Securities. Suntrust Robinson downgraded Patriot National Inc (NYSE:PN) on Friday, February 26 to “Neutral” rating. The stock of Patriot National Inc (NYSE:PN) earned “Buy” rating by Compass Point on Friday, February 26. The company was initiated on Friday, December 4 by Compass Point. UBS maintained it with “Buy” rating and $21 target in Wednesday, August 12 report. JMP Securities downgraded the stock to “Mkt Perform” rating in Friday, March 10 report. Below is a list of Patriot National Inc (NYSE:PN) latest ratings and price target changes.

25/05/2017 Broker: ValuEngine Old Rating: Sell New Rating: Hold Upgrade
13/03/2017 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Perform Downgrade
10/03/2017 Broker: JMP Securities Old Rating: Mkt Outperform New Rating: Mkt Perform Downgrade

The stock increased 0.67% or $0.01 on September 1, reaching $1.51. About shares traded. Patriot National Inc (NYSE:PN) has declined 31.60% since September 4, 2016 and is downtrending. It has underperformed by 48.30% the S&P500.

Patriot National, Inc. is an independent national well-known provider of technology-enabled outsourcing solutions that help insurance carriers, employers and other clients mitigate risk and comply with complex regulations. The company has market cap of $40.55 million. It offers a range of end-to-end insurance related and specialty services. It currently has negative earnings. The Firm principally offers approximately two types of services: front-end services, such as brokerage, underwriting and policyholder services, and back-end services, such as claims adjudication and administration.

More notable recent Patriot National Inc (NYSE:PN) news were published by: Globenewswire.com which released: “Patriot National’s Board of Directors Names Glenn Hibler Chairman” on July 17, 2017, also Globenewswire.com with their article: “Patriot National Appoints John Rearer as Chief Executive Officer” published on July 13, 2017, Law360.com published: “Patriot National Sued Over Rejected $475M Takeover” on March 14, 2017. More interesting news about Patriot National Inc (NYSE:PN) were released by: Law360.com and their article: “Ex-Patriot National Director Sues To Force Annual Meeting” published on August 14, 2017 as well as Businesswire.com‘s news article titled: “Robbins Arroyo LLP: Patriot National, Inc. (PN) Misled Shareholders According …” with publication date: August 21, 2017.

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