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Allied World Assurance Co Holdings, AG. (NYSE:AWH) hit a new 52-week high on Friday , Analyst RN reports. The company traded as high as $39.34 and last traded at $39.30, with a volume of 244,705 shares trading hands. The stock had previously closed at $39.10.

A number of analysts have recently weighed in on AWH shares. Analysts at Zacks downgraded shares of Allied World Assurance Co Holdings, AG. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. They now have a $44.40 price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Allied World Assurance Co Holdings, AG. in a research note on Friday, May 30th. They now have a $40.00 price target on the stock, down previously from $118.00. Finally, analysts at CRT Capital initiated coverage on shares of Allied World Assurance Co Holdings, AG. in a research note on Tuesday, May 27th. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $41.30.

The stock’s 50-day moving average is $37.80 and its 200-day moving average is $35.63. The company has a market cap of $3.874 billion and a price-to-earnings ratio of 9.31.

Allied World Assurance Co Holdings, AG. (NYSE:AWH) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $3.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $1.74. The company had revenue of $771.61 million for the quarter, compared to the consensus estimate of $544.96 million. During the same quarter in the previous year, the company posted $2.38 earnings per share. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. Analysts expect that Allied World Assurance Co Holdings, AG. will post $3.25 EPS for the current fiscal year.

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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