Wunderlich Securities Puts Buy And $23 PT On AmTrust Financial Services (AFSI)

Wunderlich Securities put a Buy rating with $23 price target on AmTrust Financial Services AFSI in a research report published today. In the report, Wunderlich states, "As a result of the better-than-expected 1Q11 and improved outlook for top-line growth, we are raising our EPS estimates to $2.70 from $2.45 in 2011 and $3.00 from $2.70 in 2012. We rate AFSI shares Buy with a $23 price target." In yesterday's trading, AmTrust's shares added 1.3% to their value to close the day at $19.52.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Analyst ColorInitiationAnalyst RatingsAmTrust Financial ServicesFinancialsProperty & Casualty InsuranceWunderlich Securities
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!