6.1% Below Target

The consensus price target for RLI is $56.33, close to the current price of $53.09 (6.1% implied move). Based on 12 analyst estimates, the stock appears fairly valued near current levels.

RLI has a consensus rating of "Hold" based on 12 Wall Street analysts. The rating breakdown is mixed, with 9 Hold ratings making up the largest segment. The consensus 12-month price target of $56.33 implies 6.1% upside from current levels.

With a forward P/E of 19.232x, RLI trades at a relatively low valuation. The consensus target of $56.33 implies 6.1% appreciation, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $59 for RLI, while the most conservative target is $52. The consensus of $56.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $66 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

RLI is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 9 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 RLI stock forecast based on 12 Wall Street analysts shows a consensus price target of $56.33, with estimates ranging from $52 (bear case) to $59 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $50, with bear/bull scenarios of $32/$66.

Our quantitative valuation model calculates RLI's fair value at $50 (base case), with a bear case of $32 and bull case of $66. 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 46/100.

RLI trades at a forward P/E ratio of 19.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 12.2x. 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.

RLI appears fairly valued according to analysts, with a "Hold" rating and minimal upside to the $56.33 target. Consider your investment thesis and risk tolerance. 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.

RLI analyst price targets range from $52 to $59, a 12% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $56.33 consensus represents the middle ground. Our model's $32-$66 range provides an independent fundamental perspective.