Allied World Assurance Company Holdings AG (AWH) has an average broker rating of 3, which is interpreted as a Hold, as rated by 4 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Allied World Assurance Company Holdings AG (AWH) stock is expected to deviate a maximum of $4.62 from the average target price of $37.33 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $40 and the most muted being $32.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of Allied World Assurance Company Holdings AG (NYSE:AWH). Barclays has a Equalweight rating on the shares. As per the latest research report, the brokerage house raises the price target to $40 per share from a prior target of $35. The rating by the firm was issued on July 20, 2016.
Allied World Assurance Company Holdings AG (NYSE:AWH): The stock opened at $40.45 and touched an intraday high of $40.89 on Wednesday. During the day, the stock corrected to an intraday low of $40.24, however, the bulls stepped in and pushed the price higher to close in the green at $40.81 with a gain of 0.52% for the day. The total traded volume for the day was 350,282. The stock had closed at $40.6 in the previous trading session.
Allied World Assurance Company Holdings Ltd is a Germany-based holding company. The Company is a global provider of a diversified portfolio of property and casualty insurance and reinsurance products with operations in Australia, Bermuda, Canada, Europe, Hong Kong, Singapore and the United States. The Company operates in three segments: North American Insurance, which includes its direct specialty insurance operations in the United States, Bermuda and Canada, as well as the Companys claim administration services operation, and provides both direct property and specialty casualty insurance to North American domiciled accounts; Global Markets Insurance, which includes its direct insurance operations in Europe and Asia Pacific, and provides both direct property and casualty insurance, and Reinsurance, which includes the reinsurance of property, general casualty, professional liability, specialty lines and property catastrophe coverages written by insurance companies.