AmTrust Financial Services (AFSI) Lifted to Sell at BidaskClub
BidaskClub upgraded shares of AmTrust Financial Services (NASDAQ:AFSI) from a strong sell rating to a sell rating in a research note released on Tuesday morning.
A number of other research analysts also recently issued reports on the company. B. Riley lifted their price target on AmTrust Financial Services from $12.00 to $14.75 and gave the company a neutral rating in a report on Tuesday, August 7th. Keefe, Bruyette & Woods reiterated a $14.58 rating and issued a $14.75 price target on shares of AmTrust Financial Services in a report on Wednesday, July 18th. Zacks Investment Research upgraded AmTrust Financial Services from a strong sell rating to a hold rating in a report on Monday, June 18th. TheStreet upgraded AmTrust Financial Services from a d+ rating to a c+ rating in a report on Monday, June 4th. Finally, ValuEngine downgraded AmTrust Financial Services from a buy rating to a hold rating in a report on Friday, June 1st. One investment analyst has rated the stock with a sell rating and seven have given a hold rating to the company’s stock. AmTrust Financial Services has an average rating of Hold and a consensus price target of $14.92.
Shares of NASDAQ:AFSI opened at $14.50 on Tuesday. AmTrust Financial Services has a 12-month low of $8.80 and a 12-month high of $14.74. The firm has a market capitalization of $2.87 billion, a PE ratio of 13.81 and a beta of 1.20. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.49.
AmTrust Financial Services Company Profile
AmTrust Financial Services, Inc engages in the provision of insurance services. It operates through the following segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Small Commercial Business segment offers workers compensation insurance to small businesses that operate in low and medium hazard classes and commercial package, and other property and casualty insurance products to small businesses.
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