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BGB Securities Maintains AmTrust Financial Services Buy

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BGB Securities maintained its AmTrust Financial Services (NASDAQ: AFSI) Buy rating in a research report published today. BGB Securities has a $33 price target on the company.

In the report, BGB Securities stated, "Fee income was much higher as the company is seeing more business entering assigned risk pools in which they are a servicing carrier. As premium rates rise, it is likely that these assigned risk pools will continue to grow, which should enhance fee income further."

Shares of AmTrust Financial Services were trading at $28.03 at the time of posting, up 2.90% from Monday's market close.

 

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