Truist Financial Keeps Their Hold Rating on Amerisafe (AMSF)
In a report released today, Mark Hughes from Truist Financial maintained a Hold rating on Amerisafe (AMSF – Research Report). The company’s shares closed yesterday at $45.54.
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According to TipRanks, Hughes is a top 25 analyst with an average return of 22.1% and a 76.43% success rate. Hughes covers the Financial sector, focusing on stocks such as W. R. Berkley Corporation, Assurant, and Brown & Brown.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amerisafe with a $65.00 average price target.
Based on Amerisafe’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $72.6 million and a net profit of $8.95 million. In comparison, last year the company earned a revenue of $80.49 million and had a net profit of $16.93 million
