IGIC trades 21.9% below Wall Street's consensus target of $30.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes IGIC achieves its forward estimates and maintains a stable P/E multiple of 10.1x. This scenario reflects the blended consensus of 2 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of October 3, 2026, International General Insurance Holdings Ltd. (IGIC) has a Wall Street consensus price target of $30.00, based on estimates from 2 covering analysts. With the stock currently trading at $24.62, this represents a potential upside of +21.9%. The company has a market capitalization of $1.05B.
Analyst price targets range from a low of $30.00 to a high of $30.00, representing a 0% spread in expectations. The median target of $30.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, IGIC trades at a trailing P/E of 8.5x and forward P/E of 10.1x. The forward PEG ratio of 0.27 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -4.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $30.17, with bear and bull scenarios of $19.01 and $39.75 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 RNRRenaissanceRe Holdings Ltd. | $13.5B | $325.53 | $336.38 | +3.3% | Hold | 7.4x | 28 |
 ACGLArch Capital Group Ltd. | $32.7B | $93.60 | $113.50 | +21.3% | Buy | 9.9x | 34 |
 MKLMarkel Corporation | $21.5B | $1737.18 | $1950.00 | +12.3% | Hold | 17.6x | 15 |
 GLREGreenlight Capital Re, Ltd. | $489M | $14.75 | — | — | Buy | 29.5x | 3 |
 SIGISelective Insurance Group, Inc. | $5.1B | $85.56 | $97.25 | +13.7% | Hold | 10.5x | 16 |
 AXSAXIS Capital Holdings Limited | $6.9B | $94.88 | $118.50 | +24.9% | Buy | 7.7x | 29 |
 PREPrenetics Global Limited | $343M | $20.17 | $37.50 | +85.9% | Buy | — | 2 |
 ORIOld Republic International Corporation | $9.3B | $38.06 | $41.50 | +9.0% | Hold | 12.8x | 5 |
 HCIHCI Group, Inc. | $2.4B | $184.25 | $230.00 | +24.8% | Buy | 9.6x | 14 |
 KNSLKinsale Capital Group, Inc. | $7.5B | $329.72 | $447.80 | +35.8% | Hold | 15.5x | 13 |
Quick answers to the most common questions about buying IGIC stock.
The consensus Wall Street price target for IGIC is $30, representing 21.9% upside from the current price of $24.62. With 2 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
IGIC has a consensus rating of "Buy" based on 2 Wall Street analysts. The rating breakdown is predominantly bullish, with 2 Buy/Strong Buy ratings. The consensus 12-month price target of $30 implies 21.9% upside from current levels.
With a forward P/E of 10.0869x, IGIC trades at a relatively low valuation. The consensus target of $30 implies 21.9% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $30 for IGIC, while the most conservative target is $30. The consensus of $30 represents the median expectation. Our quantitative valuation model projects a bull case target of $40 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
IGIC is lightly followed, with 2 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month IGIC stock forecast based on 2 Wall Street analysts shows a consensus price target of $30, with estimates ranging from $30 (bear case) to $30 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $30, with bear/bull scenarios of $19/$40.
Our quantitative valuation model calculates IGIC's fair value at $30 (base case), with a bear case of $19 and bull case of $40. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.
IGIC trades at a forward P/E ratio of 10.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.5x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on IGIC, with a "Buy" consensus rating and $30 price target (21.9% upside). 2 of 2 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
IGIC analyst price targets range from $30 to $30, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $30 consensus represents the middle ground. Our model's $19-$40 range provides an independent fundamental perspective.
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