UPDATE: JP Morgan Raises PT to $87 on Allied World Assurance Holdings; Model Updated

Loading...
Loading...
JP Morgan reiterated its Overweight rating on Allied World Assurance Holdings
AWH
and raised its price target from $85 to $87. JP Morgan commented, "We are updating our EPS estimates for Allied World Assurance
OW
to reflect a number of factors. Specifically, we are raising our 2012 FY EPS estimate by $0.92 to $7.67 to reflect an upward revision to our 3Q EPS estimate ($1.43 from $0.53) due to lower-than-average catastrophe loss experience (we now estimate $13.8 million pretax losses versus $47.5 million previously)." Allied World Assurance Holdings closed at $77.25 on Friday.
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorPrice TargetIntraday UpdateAnalyst RatingsJP Morgan
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!

Loading...