Endurance Specialty Holdings Stock Rating Reaffirmed by Keefe, Bruyette & Woods (ENH)
Endurance Specialty Holdings (NYSE:ENH)‘s stock had its “market perform” rating reaffirmed by stock analysts at Keefe, Bruyette & Woods in a report issued on Thursday. They currently have a $60.00 price objective on the stock, up from their previous price objective of $56.00. Keefe, Bruyette & Woods’ price target suggests a potential upside of 6.33% from the company’s current price.
ENH has been the subject of a number of other recent research reports. Analysts at Janney Montgomery Scott upgraded shares of Endurance Specialty Holdings from a “neutral” rating to a “buy” rating in a research note on Thursday, July 17th. Analysts at Bank of America upgraded shares of Endurance Specialty Holdings from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 1st. They now have a $57.00 price target on the stock. They noted that the move was a valuation call. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $34.86.
Endurance Specialty Holdings (NYSE:ENH) traded up 0.82% on Thursday, hitting $56.89. 264,641 shares of the company’s stock traded hands. Endurance Specialty Holdings has a 1-year low of $49.29 and a 1-year high of $58.83. The stock’s 50-day moving average is $53.32 and its 200-day moving average is $52.55. The company has a market cap of $2.544 billion and a price-to-earnings ratio of 8.21.
Endurance Specialty Holdings (NYSE:ENH) last posted its quarterly earnings results on Monday, August 4th. The company reported $1.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.54 by $0.14. The company had revenue of $511.40 million for the quarter, compared to the consensus estimate of $518.60 million. During the same quarter in the prior year, the company posted $1.21 earnings per share. The company’s quarterly revenue was up 10.1% on a year-over-year basis. Analysts expect that Endurance Specialty Holdings will post $6.33 EPS for the current fiscal year.
In other Endurance Specialty Holdings news, CEO John Charman acquired 7,780 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The shares were purchased at an average price of $54.58 per share, with a total value of $424,632.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Endurance Specialty Holdings Ltd. (NYSE:ENH) is a holding company.
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