Shares of Allied World Assurance Company Holdings Ltd (NYSE:AWH) have been assigned an average recommendation of “Hold” from the nine brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $39.25.

AWH has been the subject of a number of research analyst reports. Zacks Investment Research raised Allied World Assurance Company Holdings from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a report on Monday, April 24th. Evercore ISI initiated coverage on Allied World Assurance Company Holdings in a report on Monday, June 5th. They set an “in-line” rating and a $24.50 price target for the company. BidaskClub raised Allied World Assurance Company Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, June 29th. Finally, ValuEngine raised Allied World Assurance Company Holdings from a “hold” rating to a “buy” rating in a report on Saturday, July 8th.

Allied World Assurance Company Holdings (NYSE AWH) opened at 49.24 on Tuesday. Allied World Assurance Company Holdings has a 52-week low of $39.09 and a 52-week high of $54.46. The company’s 50-day moving average is $49.41 and its 200-day moving average is $52.04.

Institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Allied World Assurance Company Holdings by 4.7% in the first quarter. Vanguard Group Inc. now owns 6,850,896 shares of the insurance provider’s stock worth $363,782,000 after buying an additional 307,213 shares during the last quarter. BlackRock Inc. boosted its position in shares of Allied World Assurance Company Holdings by 10,609.4% in the first quarter. BlackRock Inc. now owns 3,670,112 shares of the insurance provider’s stock worth $194,882,000 after buying an additional 3,635,842 shares during the last quarter. Credit Suisse AG boosted its position in shares of Allied World Assurance Company Holdings by 76.6% in the first quarter. Credit Suisse AG now owns 3,189,368 shares of the insurance provider’s stock worth $169,355,000 after buying an additional 1,383,692 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Allied World Assurance Company Holdings by 12.4% in the second quarter. JPMorgan Chase & Co. now owns 2,858,832 shares of the insurance provider’s stock worth $151,233,000 after buying an additional 316,081 shares during the last quarter. Finally, Paradice Investment Management LLC boosted its position in shares of Allied World Assurance Company Holdings by 3.2% in the second quarter. Paradice Investment Management LLC now owns 1,803,026 shares of the insurance provider’s stock worth $95,380,000 after buying an additional 55,900 shares during the last quarter. 86.52% of the stock is owned by institutional investors and hedge funds.

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About Allied World Assurance Company Holdings

Allied World Assurance Company Holdings Ltd is a Germany-based holding company. It provides property, casualty and specialty insurance and reinsurance solutions to clients around the world. The Company operates in three segments: North American Insurance, Global Markets Insurance and Reinsurance. The North American Insurance segment consists of the Company’s direct insurance operations in the United States, Bermuda and Canada.

Analyst Recommendations for Allied World Assurance Company Holdings (NYSE:AWH)

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