BUZZ-KBW upgrades Assurant to 'outperform' citing strong growth prospects

Reuters
02-20
BUZZ-KBW upgrades Assurant to 'outperform' citing strong growth prospects

** KBW upgrades Insurer Assurant AIZ.N to "outperform" from "market perform"; raises PT to $230 from $212

** Brokerage sees growth in auto underwriting margins and Connected Living unit, which provides mobile device solutions

** Last month, AIZ reported a better-than-expected Q4 profit, driven by growth in its global housing insurance business

** "Housing (lender-placed) profit growth remains robust, benefiting from voluntary market pressures and expense leverage" - KBW

** Average rating is equivalent of "buy", with a median PT of $230 - LSEG

** As of last close, stock had fallen 6% compared with a 4% increase in the S&P 500 index .SPX YTD

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10