Conifer Holdings, Inc. (CNFR) At $5.90 Forms Bottom; CITIC SECURITIES (CIIHF) Shorts Decreased By 4.36%

Conifer Holdings, Inc. (CNFR) formed multiple bottom with $5.55 target or 6.00% below today’s $5.90 share price. Conifer Holdings, Inc. (CNFR) has $50.26 million valuation. It closed at $5.9 lastly. It is down 17.96% since February 16, 2017 and is uptrending. It has outperformed by 1.26% the S&P500.

CITIC SECURITIES (OTCMKTS:CIIHF) had a decrease of 4.36% in short interest. CIIHF’s SI was 8.77 million shares in February as released by FINRA. Its down 4.36% from 9.17 million shares previously. It closed at $2.02 lastly. It is down 0.00% since February 16, 2017 and is . It has underperformed by 16.70% the S&P500.

CITIC Securities Company Limited provides various financial services and products in the PeopleÂ’s Republic of China. The company has market cap of $25.25 billion. The firm operates through Investment Banking, Brokerage, Trading, Asset Management, and Others divisions. It has a 13.29 P/E ratio. It offers investment banking services, including equity, debt, and structured financing services; and fund raising and financial advisory services to a range of enterprises and other institutional clients.

Among 4 analysts covering Conifer Holdings (NASDAQ:CNFR), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Conifer Holdings has $12.0 highest and $11 lowest target. $11.50’s average target is 94.92% above currents $5.9 stock price. Conifer Holdings had 7 analyst reports since September 8, 2015 according to SRatingsIntel. As per Tuesday, September 8, the company rating was initiated by Raymond James. On Friday, April 29 the stock rating was downgraded by Sandler O’Neill to “Hold”. The firm has “Market Perform” rating given on Wednesday, February 24 by William Blair. As per Tuesday, September 8, the company rating was initiated by Sandler O’Neill. The stock of Conifer Holdings, Inc. (NASDAQ:CNFR) earned “Buy” rating by William Blair on Thursday, September 17. The rating was downgraded by BMO Capital Markets on Wednesday, February 24 to “Market Perform”.

Analysts await Conifer Holdings, Inc. (NASDAQ:CNFR) to report earnings on March, 7. They expect $-0.01 EPS, up 98.21% or $0.55 from last year’s $-0.56 per share. After $-2.48 actual EPS reported by Conifer Holdings, Inc. for the previous quarter, Wall Street now forecasts -99.60% EPS growth.