Analyst raises price target for Kemper Corp to $82, expects stable growth

From StockTwits: 2024-12-26 17:12:12

Raymond James increased Kemper Corp.’s price target to $82 from $75 with a Strong Buy rating for the insurance firm’s 2025 outlook. The firm anticipates stable inflation, economic growth, and moderating price hikes in the property and casualty industry. Despite potential negative pricing news, elevated returns are expected. Retail sentiment on Stocktwits is ‘extremely bullish.’ Kemper declared a quarterly dividend of $0.31 per share payable on December 4, 2024. In Q3, Kemper reported net income of $73.7 million, a significant improvement from the previous year. Kemper provides specialized insurance services and its stock is up 32% year-to-date.



Read more at StockTwits: Kemper Stock In Focus After Analyst’s ‘Strong Buy’ Revision: Retail’s Upbeat