Aspen Insurance Holdings Limited (AHL) PT Lowered to $43.00

Aspen Insurance Holdings Limited (NYSE:AHL) had its price objective lowered by investment analysts at Barclays PLC from $49.00 to $43.00 in a research note issued to investors on Monday. The brokerage presently has an “equal weight” rating on the insurance provider’s stock. Barclays PLC’s target price points to a potential upside of 3.12% from the stock’s current price.

A number of other equities research analysts have also recently commented on AHL. UBS AG decreased their target price on shares of Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a “neutral” rating on the stock in a research note on Monday, October 2nd. Buckingham Research raised their target price on shares of Aspen Insurance Holdings Limited from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, October 5th. ValuEngine cut shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. BidaskClub upgraded shares of Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, July 7th. Finally, TheStreet cut shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Three 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 company. Aspen Insurance Holdings Limited presently has an average rating of “Hold” and a consensus price target of $46.75.

Shares of Aspen Insurance Holdings Limited (NYSE AHL) opened at 41.70 on Monday. The company’s 50-day moving average is $41.33 and its 200-day moving average is $48.03. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 17.05 and a beta of 0.70. Aspen Insurance Holdings Limited has a 12-month low of $35.05 and a 12-month high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its earnings results on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.54). Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The firm had revenue of $562.00 million for the quarter, compared to the consensus estimate of $639.57 million. During the same quarter in the previous year, the business posted $0.40 EPS. Aspen Insurance Holdings Limited’s revenue was down 17.5% on a year-over-year basis. Equities research analysts predict that Aspen Insurance Holdings Limited will post ($2.61) earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This article was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this article on another website, it was stolen and republished in violation of international copyright laws. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/18/aspen-insurance-holdings-limited-ahl-pt-lowered-to-43-00.html.

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA raised its position in shares of Aspen Insurance Holdings Limited by 49.2% during the second quarter. BNP Paribas Arbitrage SA now owns 23,004 shares of the insurance provider’s stock valued at $1,147,000 after buying an additional 7,590 shares during the last quarter. Systematic Financial Management LP raised its position in shares of Aspen Insurance Holdings Limited by 16.4% during the second quarter. Systematic Financial Management LP now owns 378,311 shares of the insurance provider’s stock valued at $18,859,000 after buying an additional 53,395 shares during the last quarter. Nuance Investments LLC raised its position in shares of Aspen Insurance Holdings Limited by 12.9% during the second quarter. Nuance Investments LLC now owns 59,235 shares of the insurance provider’s stock valued at $2,953,000 afte

A number of other equities research analysts have also recently commented on AHL. UBS AG decreased their target price on shares of Aspen Insurance Holdings Limited from $45.00 to $43.00 and set a “neutral” rating on the stock in a research note on Monday, October 2nd. Buckingham Research raised their target price on shares of Aspen Insurance Holdings Limited from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, October 5th. ValuEngine cut shares of Aspen Insurance Holdings Limited from a “hold” rating to a “sell” rating in a research note on Friday, October 13th. BidaskClub upgraded shares of Aspen Insurance Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, July 7th. Finally, TheStreet cut shares of Aspen Insurance Holdings Limited from a “b” rating to a “c” rating in a research note on Thursday, July 27th. Three 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 company. Aspen Insurance Holdings Limited presently has an average rating of “Hold” and a consensus price target of $46.75.

Shares of Aspen Insurance Holdings Limited (NYSE AHL) opened at 41.70 on Monday. The company’s 50-day moving average is $41.33 and its 200-day moving average is $48.03. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 17.05 and a beta of 0.70. Aspen Insurance Holdings Limited has a 12-month low of $35.05 and a 12-month high of $57.80.

Aspen Insurance Holdings Limited (NYSE:AHL) last released its earnings results on Wednesday, July 26th. The insurance provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.54). Aspen Insurance Holdings Limited had a return on equity of 3.84% and a net margin of 7.66%. The firm had revenue of $562.00 million for the quarter, compared to the consensus estimate of $639.57 million. During the same quarter in the previous year, the business posted $0.40 EPS. Aspen Insurance Holdings Limited’s revenue was down 17.5% on a year-over-year basis. Equities research analysts predict that Aspen Insurance Holdings Limited will post ($2.61) earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This article was originally published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this article on another website, it was stolen and republished in violation of international copyright laws. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/18/aspen-insurance-holdings-limited-ahl-pt-lowered-to-43-00.html.

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA raised its position in shares of Aspen Insurance Holdings Limited by 49.2% during the second quarter. BNP Paribas Arbitrage SA now owns 23,004 shares of the insurance provider’s stock valued at $1,147,000 after buying an additional 7,590 shares during the last quarter. Systematic Financial Management LP raised its position in shares of Aspen Insurance Holdings Limited by 16.4% during the second quarter. Systematic Financial Management LP now owns 378,311 shares of the insurance provider’s stock valued at $18,859,000 after buying an additional 53,395 shares during the last quarter. Nuance Investments LLC raised its position in shares of Aspen Insurance Holdings Limited by 12.9% during the second quarter. Nuance Investments LLC now owns 59,235 shares of the insurance provider’s stock valued at $2,953,000 after buying an additional 6,746 shares during the last quarter. Geneva Advisors LLC bought a new stake in shares of Aspen Insurance Holdings Limited during the second quarter valued at approximately $499,000. Finally, UBS Asset Management Americas Inc. raised its position in shares of Aspen Insurance Holdings Limited by 10.0% during the first quarter. UBS Asset Management Americas Inc. now owns 52,189 shares of the insurance provider’s stock valued at $2,716,000 after buying an additional 4,734 shares during the last quarter. Hedge funds and other 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.

Receive News & Ratings for Aspen Insurance Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Insurance Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply