Brokerage Firm Rating Update on AmTrust Financial Services (AFSI)

AmTrust Financial Services (AFSI) : 5 analysts are covering AmTrust Financial Services (AFSI) and their average rating on the stock is 1.2, which is read as a Strong Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. AmTrust Financial Services (AFSI) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.

AmTrust Financial Services (AFSI) : The highest short term price target forecast on AmTrust Financial Services (AFSI) is $43 and the lowest target price is $33. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $37.33 with a standard deviation of $5.13.


For the current week, the company shares have a recommendation consensus of Buy.

AmTrust Financial Services (NASDAQ:AFSI): The stock opened at $26.69 and touched an intraday high of $26.89 on Wednesday. During the day, the stock corrected to an intraday low of $26.57, however, the bulls stepped in and pushed the price higher to close in the green at $26.86 with a gain of 0.30% for the day. The total traded volume for the day was 651,251. The stock had closed at $26.78 in the previous trading session.

Amtrust Financial Services, Inc. is an insurance holding company. Through its wholly owned subsidiaries, the Company provides specialty property and casualty insurance focusing on workers compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business. The Company operates through three segments. The Small Commercial Business segment provides workers compensation and commercial package and other property and casualty insurance products. The Specialty Risk and Extended Warranty segment provides coverage for consumer and commercial goods and custom designed coverages, such as accidental damage plans and payment protection plans. The Specialty Program segment provides workers compensation, package products, general liability, commercial auto liability, excess and surplus lines programs and other specialty commercial property and casualty insurance.

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