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UPDATE: BGB Lowers PT on ValueVision Media to $7
Wednesday, August 17, 2011 - 9:32am | 114BGB is out with its report today on ValueVision Media (NASDAQ: VVTV) lowering its PT to $7 from $10. In its report, BGB writes, "ShopNBC reported 2Q11 results that were below expectations, primarily due to the liquidation of a major consumer electronics supplier during the quarter. We consider the...
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BGB Reiterates Buy on Biglari Holdings
Monday, August 15, 2011 - 9:38am | 93BGB is out with its report today on Biglari Holdings (NYSE: BH), reiterating Buy. In its report, BGB writes, "Trading at an enterprise value below 5x estimated FY11 EBITDA, we believe that now is a particularly attractive time to purchase BH shares, especially for patient investors whose...
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UPDATE: BGB Lowers PT on DTS to $40
Tuesday, August 9, 2011 - 9:55am | 89BGB is out with its report today on DTS (NASDAQ: DTSI), lowering its PT to $40. In its report, BGB writes, "In light of the soft results and guidance, in a turbulent market, we are reducing our target price to $40. That said, we are reiterating our Buy rating and we recommend that investors take...
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UPDATE: BGB Upgrades Gaylord Entertainment to Buy, Maintains PT at $35
Monday, August 8, 2011 - 9:27am | 45BGB upgraded its rating on Gaylord Entertainment (NYSE: GET) from Hold to Buy. At the same time, the rating agency left its price target on the company's stock unchanged at $35. On Friday, GET closed the day at $24.75.
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BGB Securities Reiterates Buy or Argo Group International Holdings
Monday, August 8, 2011 - 9:10am | 43BGB reiterated its Buy rating on Argo Group International Holdings (NASDAQ: AGII). At the moment, the rating agency left its price target on the company's stock unchanged at $38. On Friday, AII closed the day at $29.08.
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BGB Upgrades Employers Holdings to Buy, Reduces PT to $16
Friday, August 5, 2011 - 9:11am | 45BGB upgraded its rating on Employers Holdings (NYSE: EIG) from Hold to Buy. At the same time, the rating agency reduced its price target on the company's stock from $18 to $16. On Thursday, EIG closed the day at $14.02.
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BGB Reiterates Buy on StarTek, Slashes PT to $6
Friday, July 29, 2011 - 8:04am | 46BGB reiterated its Buy rating on StarTek (NYSE: SRT). At the same time, the rating agency reduced its price target on the company's stock from $7 to $6. On Thursday, SRT lost 5.34% of its value to finish the day at $3.37.
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BGB Maintains Buy on Arthur J. Gallagher
Thursday, July 28, 2011 - 8:05am | 65BGB is out with its report today on Arthur J. Gallagher (NYSE: AJG), maintaining Buy. In a note to clients, BGB writes, "Investors will continue to be intrigued by the company's high dividend and international platform for growth. We maintain our BUY rating on AJG." BGB maintains a $33 PT on AJG...
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BGB Maintains Buy on Meadowbrook Insurance Group
Thursday, July 14, 2011 - 8:42am | 101BGB is out with its report today on Meadowbrook Insurance Group (NYSE: MIG), maintaining Buy. In a note to clients, BGB writes, "MIG typically anticipates some CAT activity due to the nature of the business the company writes. However, the frequency of storms in 2Q11 puts most of the loss burden...
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BGB Reiterates Buy on Argo Group International Holdings
Tuesday, July 12, 2011 - 8:48am | 102BGB is out with its report today on Argo Group International Holdings (NASDAQ: AGII), reiterating Buy. In a note to clients, BGB writes, "AGII has provided guidance for 2Q11 CAT loss of between $30M and $35M. The losses relate primarily to 2Q11 storms. Despite the number of storm losses, the loss...
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BGB Maintains Buy on Maiden Holdings
Monday, June 27, 2011 - 9:13am | 77BGB is out with its report today on Maiden Holdings (NASDAQ: MHLD), maintaining Buy after completing a sr. note offering. In a note to clients, BGB writes, "We believe MHLD already trades at too steep a discount to peers based on its higher than average ROAE and dividend yield. We believe the...
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BGB Reiterates Hold on TeleTech Holdings
Wednesday, June 1, 2011 - 8:37am | 66BGB is out with its report today on TeleTech Holdings (NASDAQ: TTEC), reiterating Hold. In a note to clients, BGB writes, "We are reiterating our Hold rating and $20 price target after TTEC closed its purchase of eLoyalty's (NASDAQ: ELOY) Interactive Contact Solutions business unit." Shares of...
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BGB Maintains Buy on W.R. Berkley (WRB)
Wednesday, April 27, 2011 - 8:52am | 99BGB is out with its report today on W.R. Berkley (NYSE: WRB), maintaining Buy. In a note to clients, BGB writes, "We believe investors will continue to pay a premium for WRB despite what the company's ROAE may imply. With high leverage, the company will be an early benefactor of premium rate...
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BGB Maintains Buy on Denny's (DENN)
Monday, March 28, 2011 - 9:23am | 160BGB is out with its report today on Denny's (NASDAQ: DENN), maintaining Buy and a $5 PT. In a note to clients, BGB writes, "While DENN must improve its recent anemic same-store sales trends, we believe that there is some room for optimism on this front. Meanwhile, DENN shares, priced at slightly...