12 Most Undervalued Small Cap Stocks to Invest In Now

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6. Skyward Specialty Insurance Group Inc. (NASDAQ:SKWD)

Market Cap: $1.83 billion

Forward P/E: 12.84

Number of Hedge Fund Holders: 24

Skyward Specialty Insurance Group Inc. (NASDAQ:SKWD) is one of the most undervalued small cap stocks to invest in now. Citizens JMP analyst Matthew Carletti maintained a Buy rating on Skyward Specialty Insurance Group Inc. (NASDAQ:SKWD) on October 14, setting a $70 price target.

Skyward Specialty Insurance Group Inc. (NASDAQ:SKWD) also received a rating update from Keefe Bruyette analyst Meyer Shields on October 6, who lifted the price target on the stock to $64 from $63 while keeping an Outperform rating on the shares.

The same day, Skyward Specialty Insurance Group Inc. (NASDAQ:SKWD) was initiated with a Buy rating and a $60 fair value estimate by Janney Montgomery Scott. The firm told investors that it likes the company’s pending acquisition of Apollo Group and “Rule Our Niche” strategy, expecting these factors to “enhance its competitive position and flexibility”.

The firm added that according to its peer group analysis, shares of the stock “appear attractively valued relative to performance expectations”.

Skyward Specialty Insurance Group Inc. (NASDAQ:SKWD) is a specialty insurance company that provides commercial property and casualty (P&C) solutions and products on an admitted and non-admitted basis, predominantly in the US. It specializes in industry solutions, healthcare professional liability, medical stop-loss, management and professional liability, specialty property and liability, programs and captive solutions, and surety.

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