Soleil Securities Maintains a 'Hold' on Endurance Specialty Holdings (ENH); Raises Price Target & Estimates
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- Endurance's Board of Directors Declares Quarterly Dividend of $0.25 Per Ordinary Share and $0.484375 Per Series A Preferred Share and Authorizes Repurchase of Up to 8 Million Ordinary Shares
- Soleil Securities Maintains a 'Hold' on Endurance Specialty Holdings (ENH); Raises Price Target & Estimates
Soleil Securities maintains a 'Hold' on Endurance Specialty Holdings (NYSE: ENH), raises price target from $35 to $40.
Soleil analyst says, "Endurance reported operating income of $2.41 per share, exceeding the consensus estimate of $1.58 and our estimate of $1.03. We are increasing our 2009 estimate from $5.65 to $7.50 and 2010 estimate from $5.35 to $5.65. The company's beat was due primarily to their being no catastrophes and strong performance from their alternative investment portfolio."
To see more analyst ratings on ENH Click Here.
Endurance Specialty Holdings Ltd., through its subsidiaries, engages in underwriting specialty lines of personal, and commercial property and casualty insurance and reinsurance worldwide.
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