In the latest analyst update, Enact Holdings (ACT, Financial) received attention as JP Morgan's analyst Richard Shane adjusted the price target. The updated price target for Enact Holdings (ACT) is now at $39.00, up from the previous target of $37.00. This marks a 5.41% increase in the price target estimate.
The rating for Enact Holdings (ACT, Financial) remains unchanged, as Richard Shane continues to maintain a "Neutral" rating for the stock. The report, dated July 11, 2025, reflects JP Morgan's ongoing analysis of Enact Holdings (ACT) and the potential outlook based on current market conditions.
Investors and market participants may find the increase in the price target for Enact Holdings (ACT, Financial) significant as it suggests a positive outlook, although the neutral rating indicates a cautious stance from the analyst team. The stock is listed on the NASDAQ exchange and is being monitored closely by financial analysts and stakeholders.
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 $40.25 with a high estimate of $41.00 and a low estimate of $40.00. The average target implies an upside of 15.70% from the current price of $34.79. 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 $33.75, suggesting a downside of 2.99% from the current price of $34.789. 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.
