Market Overview

BGB Securities Reiterates Buy On Maiden Holdings, Ltd. (MHLD)

BGB Securities has issued a research report reiterating their recommendation of Maiden Holdings, Ltd. (NASDAQ: MHLD) as a Buy.

"We continue to recommend MHLD a BUY as the company adds top line premiums while maintaining profitable underwriting margins," writes BGB. "Barring another acquisition, we believe top line growth may moderate, but we expect ROAE's to improve."

BGB continued by adding, "The company is outperforming our expectations on an underwriting basis. We believe this is a favorable characteristic during periods of premium rate pressure. As investment rates rise, nearly every insurer should benefit, however, companies with better underwriting should have even better overall performance."

Shares of MHLD opened Wednesday at $7.93.

Posted-In: Analyst Color Analyst Ratings

 

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