FBR Capital Downgrades Maiden Holdings (MHLD) to Market Perform

November 28, 2016 5:56 AM EST
Get Alerts MHLD Hot Sheet
Price: $16.30 +1.24%

Rating Summary:
    3 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 4
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FBR Capital downgraded Maiden Holdings (NASDAQ: MHLD) from Outperform to Market Perform while maintaining a price target of $16.00.

Analyst Randy Binner commented, "MHLD is +17% post election but sees only marginal spread benefit from higher rates. Given its Bermuda domicile, the name does not see much potential tax benefit, nor a benefit from deregulation. MHLD is trading at 92% of its five-year min/max P/E valuation."

For an analyst ratings summary and ratings history on Maiden Holdings click here. For more ratings news on Maiden Holdings click here.

Shares of Maiden Holdings closed at $16.40 yesterday.



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