Key Analysts at SunTrust Robinson Maintained their ‘”Buy”’ rating for AmTrust (NASDAQ:AFSI) Shares Today. Their Target Given is $22.0

January 8, 2018 - By whatsonthorold

 Key Analysts at SunTrust Robinson Maintained their ‘

Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.07, from 0.75 in 2017Q2. It dropped, as 31 investors sold AmTrust Financial Services, Inc. shares while 56 reduced holdings. 27 funds opened positions while 32 raised stakes. 65.41 million shares or 8.26% less from 71.30 million shares in 2017Q2 were reported.

State Board Of Administration Of Florida Retirement System invested in 0% or 55,037 shares. Balyasny Asset Mgmt Ltd Com accumulated 0.01% or 123,986 shares. Tru Advsrs invested in 37,609 shares. Clearbridge Investments Limited Liability holds 0% or 2,513 shares. Jpmorgan Chase And Commerce holds 0.01% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 2.15 million shares. Public Employees Retirement System Of Ohio has invested 0% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Virtu Ltd stated it has 0% in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Credit Suisse Ag owns 127,229 shares. Commonwealth Equity invested 0.02% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Guggenheim Cap Limited Liability Com reported 185,604 shares. Citigroup Inc stated it has 0% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Northwestern Mutual Wealth invested in 153 shares. Group One Trading Ltd Partnership owns 89,316 shares. Moreover, Metropolitan Life Insur has 0% invested in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 57,608 shares. State Of Alaska Department Of Revenue accumulated 9,230 shares or 0.01% of the stock.

AmTrust (NASDAQ:AFSI) Rating Reaffirmed

Recently, In analysts report revealed on Monday, 23 October, AmTrust (NASDAQ:AFSI) shares have had their “Buy” Rating restate by research professionals at SunTrust Robinson, who currently has a $22.0 price target on company. This target by SunTrust Robinson would indicate the possibile upside of 111.74 % from the current price.

Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.07, from 0.75 in 2017Q2. It dropped, as 31 investors sold AmTrust Financial Services, Inc. shares while 56 reduced holdings. 27 funds opened positions while 32 raised stakes. 65.41 million shares or 8.26% less from 71.30 million shares in 2017Q2 were reported.

State Board Of Administration Of Florida Retirement System invested in 0% or 55,037 shares. Balyasny Asset Mgmt Ltd Com accumulated 0.01% or 123,986 shares. Tru Advsrs invested in 37,609 shares. Clearbridge Investments Limited Liability holds 0% or 2,513 shares. Jpmorgan Chase And Commerce holds 0.01% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 2.15 million shares. Public Employees Retirement System Of Ohio has invested 0% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Virtu Ltd stated it has 0% in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Credit Suisse Ag owns 127,229 shares. Commonwealth Equity invested 0.02% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Guggenheim Cap Limited Liability Com reported 185,604 shares. Citigroup Inc stated it has 0% of its portfolio in AmTrust Financial Services, Inc. (NASDAQ:AFSI). Northwestern Mutual Wealth invested in 153 shares. Group One Trading Ltd Partnership owns 89,316 shares. Moreover, Metropolitan Life Insur has 0% invested in AmTrust Financial Services, Inc. (NASDAQ:AFSI) for 57,608 shares. State Of Alaska Department Of Revenue accumulated 9,230 shares or 0.01% of the stock.

AmTrust Financial Services, Inc. (NASDAQ:AFSI) Ratings Coverage

Among 8 analysts covering Amtrust Financial Services (NASDAQ:AFSI), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Amtrust Financial Services has $78 highest and $10.0 lowest target. $29’s average target is 179.11% above currents $10.39 stock price. Amtrust Financial Services had 21 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of AmTrust Financial Services, Inc. (NASDAQ:AFSI) earned “Buy” rating by SunTrust on Monday, October 23. Compass Point downgraded it to “Neutral” rating and $70 target in Wednesday, August 5 report. JMP Securities reinitiated it with “Hold” rating and $1800 target in Friday, July 7 report. The firm earned “Hold” rating on Tuesday, August 8 by Keefe Bruyette & Woods. Compass Point maintained AmTrust Financial Services, Inc. (NASDAQ:AFSI) rating on Friday, February 5. Compass Point has “Buy” rating and $35 target. The rating was upgraded by Compass Point on Friday, November 13 to “Buy”. The rating was maintained by Compass Point on Thursday, February 11 with “Buy”. Citigroup initiated the shares of AFSI in report on Thursday, January 14 with “Buy” rating. On Monday, December 4 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. On Friday, June 9 the stock rating was maintained by FBR Capital with “Buy”.

The stock decreased 0.86% or $0.09 during the last trading session, reaching $10.39. About 606,179 shares traded. AmTrust Financial Services, Inc. (NASDAQ:AFSI) has declined 53.49% since January 8, 2017 and is downtrending. It has underperformed by 70.19% the S&P500.

Analysts await AmTrust Financial Services, Inc. (NASDAQ:AFSI) to report earnings on February, 26. They expect $0.27 earnings per share, down 28.95 % or $0.11 from last year’s $0.38 per share. AFSI’s profit will be $52.93M for 9.62 P/E if the $0.27 EPS becomes a reality. After $-0.04 actual earnings per share reported by AmTrust Financial Services, Inc. for the previous quarter, Wall Street now forecasts -775.00 % EPS growth.

AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally. The company has market cap of $2.04 billion. It operates in three divisions: Small Commercial Business; Specialty Risk and Extended Warranty; and Specialty Program. It currently has negative earnings. The Small Commercial Business segment offers workersÂ’ compensation insurance products; and commercial package insurance products, such as commercial property, general liability, inland marine, automobile, and umbrella coverage, as well as other property and casualty insurance products to small businesses.

More notable recent AmTrust Financial Services, Inc. (NASDAQ:AFSI) news were published by: Nasdaq.com which released: “AmTrust Financial Services, Inc. (AFSI) Ex-Dividend Date Scheduled for …” on December 28, 2017, also Seekingalpha.com with their article: “AmTrust Financial Services From The Perspective Of A Preferred Investor” published on October 23, 2017, Seekingalpha.com published: “AmTrust Financial Services’ (AFSI) CEO Barry Zyskind on Q3 2017 Results …” on November 09, 2017. More interesting news about AmTrust Financial Services, Inc. (NASDAQ:AFSI) were released by: Finance.Yahoo.com and their article: “Why Is AmTrust Financial (AFSI) Down 17.7% Since the Last Earnings Report?” published on December 11, 2017 as well as Globenewswire.com‘s news article titled: “AmTrust Financial Services, Inc. to Announce Third Quarter 2017 Results on …” with publication date: October 16, 2017.

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