Raymond James Lifts Price Target on Old Republic International (ORI) to $42, Keeps Buy Rating

Old Republic International Corporation (NYSE:ORI) is one of the 13 Cheap Mid-Cap Stocks to Add to Your PortfolioOn April 28, Raymond James analyst Gregory Peters reiterated a Buy rating on Old Republic International Corporation (NYSE:ORI), raising the price target to $42 from $40.

The analyst told investors in a research note that the firm sees positive results with a relatively inexpensive stock valuation and an active capital management program.

Old Republic International Corporation (ORI): One of the Overlooked Dividend Stocks to Buy Now

An executive shaking hands with a business client as a deal is finalized in their modern office.

The firm also stated that the operating outlook for Old Republic International Corporation (NYSE:ORI) is still strong over the coming two years. It considers the title segment as still an undervalued call option upon the housing market’s recovery.

Old Republic International Corporation (NYSE:ORI) engages in the insurance underwriting business and operates through the following segments: General Insurance, Title Insurance, Republic Financial Indemnity Group (RFIG) Run-Off, and Corporate and Other.

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