Exzeo Group (NYSE:XZO) Stock Price Down 4.6% – Should You Sell?

Exzeo Group, Inc. (NYSE:XZO) shares traded down 4.6% on Wednesday . The stock traded as low as $17.76 and last traded at $18.05. 59,590 shares traded hands during trading, a decline of 81% from the average session volume of 318,008 shares. The stock had previously closed at $18.93.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on XZO shares. Citizens Jmp started coverage on shares of Exzeo Group in a report on Monday. They issued a “market outperform” rating and a $27.00 price objective on the stock. Zacks Research upgraded shares of Exzeo Group to a “hold” rating in a research note on Tuesday. Truist Financial started coverage on shares of Exzeo Group in a research report on Monday. They set a “buy” rating and a $25.00 price target on the stock. Wall Street Zen raised Exzeo Group to a “hold” rating in a research report on Monday, November 17th. Finally, William Blair assumed coverage on Exzeo Group in a report on Monday. They set an “outperform” rating on the stock. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.00.

Exzeo Group Stock Up 2.5%

Exzeo Group Company Profile

Exzeo provides turnkey insurance technology and operations solutions to insurance carriers and their agents based on a proprietary platform of purpose-built software and data analytics applications that are specifically designed for the property and casualty, or P&C, insurance ecosystem. Exzeo’s Insurance-as-a-Service (IaaS) platform, which we refer to as the “Exzeo Platform,” currently includes nine highly configurable software and data analytics applications that are purpose-built to serve insurance companies and other customers in the insurance value chain.