FBR Capital Reiterates an 'Outperform' on Meadowbrook Insurance (MIG); 1Q11: Solid Start to the Year
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Price: $20.91 --0%
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
Rating Summary:
2 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
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FBR Capital reiterates an 'Outperform' on Meadowbrook Insurance (NYSE: MIG), raises PT to $12.50.
FBR analyst says, "We are quite impressed with Meadowbrook’s growth strategy and outlook. While many insurers are suffering from price erosion in their core products, which is leading to deterioration in the expense and loss ratios, MIG is seeing underwriting profit increase and price improvement. We believe that the company is performing very well, especially in light of today’s challenging market environment."
For more ratings news on Meadowbrook Insurance click here and for the rating history of Meadowbrook Insurance click here.
Shares of Meadowbrook Insurance closed at $10.24 yesterday.
FBR analyst says, "We are quite impressed with Meadowbrook’s growth strategy and outlook. While many insurers are suffering from price erosion in their core products, which is leading to deterioration in the expense and loss ratios, MIG is seeing underwriting profit increase and price improvement. We believe that the company is performing very well, especially in light of today’s challenging market environment."
For more ratings news on Meadowbrook Insurance click here and for the rating history of Meadowbrook Insurance click here.
Shares of Meadowbrook Insurance closed at $10.24 yesterday.
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