Enact Holdings (ACT, Financial) remains in focus as UBS analyst Douglas Harter has maintained a "Neutral" rating on the stock. This decision comes as the analyst raises the price target from USD 38.00 to USD 40.00, marking a 5.26% increase. This update was announced on May 5, 2025.
Despite the increased price target, the "Neutral" rating suggests that investors may expect the stock to perform in line with the overall market. The company's stock continues to be traded on the NASDAQ exchange under the ticker ACT.
Stay tuned for further updates and analyses on Enact Holdings (ACT, Financial) as market conditions and company developments unfold.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Enact Holdings Inc (ACT, Financial) is $39.00 with a high estimate of $41.00 and a low estimate of $38.00. The average target implies an upside of 6.67% from the current price of $36.56. More detailed estimate data can be found on the Enact Holdings Inc (ACT) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Enact Holdings Inc's (ACT, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Enact Holdings Inc (ACT, Financial) in one year is $32.06, suggesting a downside of 12.31% from the current price of $36.56. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Enact Holdings Inc (ACT) Summary page.
