Zacks Investment Research upgraded shares of NAVIGATORS GRP (NAVG) from UNDERPERFORM to NEUTRAL on May 28, 2012, with a target price of $50.40.
The Navigators Group, Inc. is a holding company with twelve active wholly owned subsidiaries. They primarily write marine, onshore energy, engineering and construction insurance, and a contractors' general liability program. As underwritten by Navigators, marine insurance includes hull, energy, liability and cargo onshore energy primarily covers property damage with an emphasis on the oil and petrochemical sectors and engineering and construction primarily covers construction projects including machinery, equipment and loss of use due to delays.
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