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Compass Point Sees All Eyes On Deal Completion For Meadowbrook Insurance
Wednesday, March 4, 2015 - 9:47am | 222In a report published Wednesday, Compass Point analyst Ken Billingsley reiterated a Neutral rating and $8.65 price target on Meadowbrook Insurance Group, Inc. (NYSE: MIG). In the report, Compass Point noted, "We maintain our Neutral rating and $8.65 price target. Our price target represents the...
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Compass Point Sees Higher-Than-Expected Premium Growth For Maiden Holdings
Thursday, February 19, 2015 - 11:25am | 135In a report published Thursday, Compass Point analyst Ken Billingsley reiterated a Buy rating and $16.00 price target on Maiden Holdings, Ltd. (NASDAQ: MHLD). In the report, Compass Point noted, "MHLD reported 4Q14 operating EPS of $0.44 versus the consensus and our estimate of $0.39. Diluted...
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Compass Point Reiterates Neutral Rating, Lowers Price Target On Allstate As Lower CAT Losses Help Beat
Friday, February 6, 2015 - 8:51am | 263In a report published Friday, Compass Point analyst Ken Billingsley reiterated a Neutral rating on The Allstate Corporation (NYSE: ALL), but lowered the price target from $68.00 to $67.00. In the report, Compass Point noted, "We remain Neutral on ALL and are lowering our price target to $67 from $...
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Compass Point Lowers Price Target On W.R. Berkley On Energy Investments
Tuesday, January 20, 2015 - 8:16am | 209In a report published Tuesday, Compass Point analyst Ken Billingsley reiterated a Neutral rating on W.R. Berkley Corp. (NYSE: WRB), but lowered the price target from $53.00 to $51.00. In the report, Compass Point noted, “We maintain our Neutral rating and are lowering our price target to $51 from $...
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UPDATE: Compass Point Downgrades Meadowbrook Insurance Group On Acquisition News
Wednesday, December 31, 2014 - 8:16am | 201In a report published Wednesday, Compass Point analyst Ken Billingsley downgraded the rating on Meadowbrook Insurance Group, Inc. (NYSE: MIG) from Buy to Neutral, but raised the price target from $7.00 to $8.65. In the report, Compass Point noted, “We are raising our price target to $8.65 from $7...
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Genworth Financial Down 37%; Compass Point Downgrades
Thursday, November 6, 2014 - 4:09pm | 292Genworth Financial Inc (NYSE: GNW) shocked the market with a $531 million addition to its long-term care reserves Thursday and news that a similar review for its active life business won't be complete until after the fourth quarter. "The market will shoot first and ask questions later...
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UPDATE: Compass Point Downgrades AmTrust Financial Services Ahead Of Earnings Report
Wednesday, October 29, 2014 - 10:19am | 177In a report published Wednesday, Compass Point analyst Ken Billingsley downgraded the rating on AmTrust Financial Services (NASDAQ: AFSI) from Buy to Neutral, but reiterated the $52.00 price target. In the report, Compass Point noted, “We are lowering our rating on AFSI to Neutral from Buy and...
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UPDATE: Compass Point Initiates Coverage On Allstate As Growth Opportunities Are Constrained
Thursday, August 28, 2014 - 9:44am | 246In a report published Thursday, Compass Point analyst Ken Billingsley initiated coverage on Allstate (NYSE: ALL) with a Neutral rating and $63.00 price target. In the report, Compass Point noted, “Shares of Allstate have performed very well for the past three years. We believe the market place for...
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UPDATE: Compass Point Initiates Coverage On Mercury General On Increased Risk
Thursday, August 28, 2014 - 9:40am | 287In a report published Thursday, Compass Point analyst Ken Billingsley initiated coverage on Mercury General (NYSE: MCY) with a Neutral rating and $47.00 price target. In the report, Compass Point noted, “Mercury General is the fourth largest writer of personal auto in the state of California and...
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UPDATE: Compass Point Initiates Coverage On Safety Insurance Group On Positive Outlook Despite Challenges
Thursday, August 28, 2014 - 9:30am | 243In a report published Thursday, Compass Point analyst Ken Billingsley initiated coverage on Safety Insurance Group (NASDAQ: SAFT) with a Buy rating and $63.00 price target. In the report, Compass Point noted, “Safety Insurance is primarily a mono-state writer of personal lines in Massachusetts....
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Compass Point Believes Premium Growth And Loss Ratio Support Thesis For Maiden
Friday, August 8, 2014 - 8:53am | 250In a report published Friday, Compass Point analyst Ken Billingsley reiterated a Buy rating and $16.00 price target on Maiden (NASDAQ: MHLD). In the report, Compass Point noted, “MHLD reported results that were in line with the consensus estimate for the quarter when adjusted for an increased...
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Compass Point Sees Positive 2Q14 Surprises For Maiden
Thursday, August 7, 2014 - 8:13am | 211In a report published Thursday, Compass Point analyst Ken Billingsley reiterated a Buy rating and $16.00 price target on Maiden (NASDAQ: MHLD). In the report, Compass Point noted, “Loss ratio improvement and Diversified Reinsurance segment growth were positive surprises from 2Q14. We believe the...
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UPDATE: Compass Point Reiterates On Genworth Financial As Market Fears LTC Reserve Charge
Thursday, July 31, 2014 - 8:21am | 237In a report published Thursday, Compass Point analyst Ken Billingsley reiterated a Buy rating on Genworth Financial (NYSE: GNW), but lowered the price target from $23.00 to $16.50. In the report, Compass Point noted, “The fear of a review of Long-Term Care (LTC) reserves pushed shares of GNW down...
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UPDATE: Compass Point Reiterates On Brown & Brown As Stock Buyback Should Offset Reduced M&A Opportunities
Wednesday, July 23, 2014 - 8:53am | 249In a report published Wednesday, Compass Point analyst Ken Billingsley reiterated a Neutral rating on Brown & Brown (NYSE: BRO), and raised the price target from $33.00 to $34.00. In the report, Compass Point noted, “The company reported higher than expected revenue growth during the quarter,...
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UPDATE: Compass Point Upgrades Amtrust Financial Services As Motivated Sellers Help Drive Growth
Friday, May 2, 2014 - 9:33am | 240In a report published Friday, Compass Point analyst Ken Billingsley upgraded the rating on Amtrust Financial Services (NASDAQ: AFSI) from Neutral to Buy, and raised the price target from $37.00 to $49.00. In the report, Compass Point noted, “Raising AFSI to a Buy from Neutral, and raising price...