Barclays Capital Upgrades “Allied World Assurance Company Holdings, AG ” to “Equal Weight” (AWH)
“Allied World Assurance Company Holdings, AG ” (NYSE:AWH) was upgraded by analysts at Barclays Capital from an “underweight” rating to an “equal weight” rating in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork.com reports.
Shares of “Allied World Assurance Company Holdings, AG ” (NYSE:AWH) traded up 0.28% on Wednesday, hitting $100.75. The stock had a trading volume of 73,148 shares. “Allied World Assurance Company Holdings, AG ” has a 52 week low of $76.12 and a 52 week high of $100.53. The stock has a 50-day moving average of $94.81 and a 200-day moving average of $92.81. The company has a market cap of $3.434 billion and a price-to-earnings ratio of 10.78.
“Allied World Assurance Company Holdings, AG ” (NYSE:AWH) last released its earnings data on Thursday, July 25th. The company reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $1.22. During the same quarter in the previous year, the company posted $2.35 earnings per share. On average, analysts predict that “Allied World Assurance Company Holdings, AG ” will post $8.78 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 3rd. Investors of record on Tuesday, September 24th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.99%. The ex-dividend date is Friday, September 20th.
Separately, analysts at Keefe, Bruyette & Woods initiated coverage on shares of “Allied World Assurance Company Holdings, AG ” (NYSE:AWH) in a research note to investors on Friday, September 20th. They set a “market perform” rating and a $103.00 price target on the stock. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $99.25.
Allied World Assurance Company Holdings, AG (NYSE:AWH), is a specialty insurance and reinsurance company that underwrites a diversified portfolio of property and casualty lines of business through offices located in Bermuda, Hong Kong, Ireland, Singapore, Switzerland, the United Kingdom and the United States.
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