Aspen Insurance Holdings Limited (AHL) Price Target Raised to $46.00

Aspen Insurance Holdings Limited (NYSE:AHL) had its price target increased by Buckingham Research from $44.00 to $46.00 in a research note released on Thursday morning. The firm currently has a buy rating on the insurance provider’s stock.

Other equities analysts also recently issued reports about the company. TheStreet downgraded Aspen Insurance Holdings Limited from a b rating to a c rating in a report on Thursday, July 27th. Barclays PLC cut their price objective on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an equal weight rating on the stock in a report on Thursday, July 27th. Zacks Investment Research upgraded Aspen Insurance Holdings Limited from a sell rating to a hold rating in a report on Tuesday, July 11th. UBS AG cut their price objective on Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a neutral rating on the stock in a report on Monday, October 2nd. Finally, BidaskClub upgraded Aspen Insurance Holdings Limited from a strong sell rating to a sell rating in a report on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $48.25.

Shares of Aspen Insurance Holdings Limited (AHL) opened at 41.15 on Thursday. Aspen Insurance Holdings Limited has a 52 week low of $35.05 and a 52 week high of $57.80. The firm’s 50-day moving average is $42.32 and its 200-day moving average is $48.51. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 16.82 and a beta of 0.70.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.54). The firm had revenue of $562.00 million during the quarter, compared to analysts’ expectations of $639.57 million. Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The business’s revenue for the quarter was down 17.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 earnings per share. On average, equities research analysts anticipate that Aspen Insurance Holdings Limited will post $0.85 EPS for the current fiscal year.

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Several institutional investors have recently added to or reduced their stakes in AHL. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Aspen Insurance Holdings Limited by 13.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock valued at $122,000 after buying an additional 284 shares during the period. Susquehanna International Group LLP purchased a new stake in shares of Aspen Insurance Holdings Limited during the 2nd quarter valued at about $201,000. TLP Group LLC raised its holdings in shares of Aspen Insurance Holdings Limited by 13.7% during the 2nd quarter. TLP Group LLC now owns 4,094 shares of the insurance provider’s stock valued at $204,000 after buying an additional 494 shares during the period. Credit Agricole S A raised its holdings in shares of Aspen Insurance Holdings Limited by 155.6% during the 1st quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock valued at $224,000 after buying an additional 2,622 shares during the period. Fi

Other equities analysts also recently issued reports about the company. TheStreet downgraded Aspen Insurance Holdings Limited from a b rating to a c rating in a report on Thursday, July 27th. Barclays PLC cut their price objective on Aspen Insurance Holdings Limited from $54.00 to $49.00 and set an equal weight rating on the stock in a report on Thursday, July 27th. Zacks Investment Research upgraded Aspen Insurance Holdings Limited from a sell rating to a hold rating in a report on Tuesday, July 11th. UBS AG cut their price objective on Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a neutral rating on the stock in a report on Monday, October 2nd. Finally, BidaskClub upgraded Aspen Insurance Holdings Limited from a strong sell rating to a sell rating in a report on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $48.25.

Shares of Aspen Insurance Holdings Limited (AHL) opened at 41.15 on Thursday. Aspen Insurance Holdings Limited has a 52 week low of $35.05 and a 52 week high of $57.80. The firm’s 50-day moving average is $42.32 and its 200-day moving average is $48.51. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 16.82 and a beta of 0.70.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its quarterly earnings data on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.54). The firm had revenue of $562.00 million during the quarter, compared to analysts’ expectations of $639.57 million. Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The business’s revenue for the quarter was down 17.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 earnings per share. On average, equities research analysts anticipate that Aspen Insurance Holdings Limited will post $0.85 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark laws. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/09/aspen-insurance-holdings-limited-ahl-price-target-raised-to-46-00.html.

Several institutional investors have recently added to or reduced their stakes in AHL. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Aspen Insurance Holdings Limited by 13.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,439 shares of the insurance provider’s stock valued at $122,000 after buying an additional 284 shares during the period. Susquehanna International Group LLP purchased a new stake in shares of Aspen Insurance Holdings Limited during the 2nd quarter valued at about $201,000. TLP Group LLC raised its holdings in shares of Aspen Insurance Holdings Limited by 13.7% during the 2nd quarter. TLP Group LLC now owns 4,094 shares of the insurance provider’s stock valued at $204,000 after buying an additional 494 shares during the period. Credit Agricole S A raised its holdings in shares of Aspen Insurance Holdings Limited by 155.6% during the 1st quarter. Credit Agricole S A now owns 4,307 shares of the insurance provider’s stock valued at $224,000 after buying an additional 2,622 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Aspen Insurance Holdings Limited by 17.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,340 shares of the insurance provider’s stock valued at $216,000 after buying an additional 659 shares during the period. Institutional investors own 91.91% of the company’s stock.

About Aspen Insurance Holdings Limited

Aspen Insurance Holdings Limited is a holding company. The Company underwrites specialty insurance and reinsurance on a global basis. It manages its business as two business segments: Aspen Insurance and Aspen Reinsurance (Aspen Re). The reinsurance segment consists of property catastrophe reinsurance (including the business written through Aspen Capital Markets), other property reinsurance (risk excess, pro rata and facultative), casualty reinsurance (U.S.

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