BMO Capital Reiterates Market Perform Rating on Fidelis Insurance Holdings (FIHL)

August 20, 2024 7:50 AM EDT
Get Alerts FIHL Hot Sheet
Price: $20.71 --0%

Rating Summary:
    4 Buy, 4 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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BMO Capital analyst Michael Zaremski reiterated a Market Perform rating and $20.00 price target on Fidelis Insurance Holdings (NYSE: FIHL).

The analyst commented, "We are lowering our estimates 2% through 2025 and introducing 2026 operating EPS of $3.72, 6% below consensus. Our revisions are driven by higher catastrophe losses and a higher expense ratio, partially offset by share repurchases and net investment income tailwinds."

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

Shares of Fidelis Insurance Holdings closed at $18.76 yesterday.



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