Amerisafe (AMSF) Receives a Hold from Boenning & Scattergood


In a report released today, Robert Farnam from Boenning & Scattergood maintained a Hold rating on Amerisafe (AMSF). The company’s shares opened today at $60.31.

According to TipRanks.com, Farnam has currently no stars on a ranking scale of 0-5 stars, with an average return of -7.9% and a 32.7% success rate. Farnam covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, 1347 Property Insurance Holdings Inc, and Hallmark Financial Services.

Amerisafe has an analyst consensus of Moderate Buy, with a price target consensus of $70.

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Amerisafe’s market cap is currently $1.13B and has a P/E ratio of 15.84. The company has a Price to Book ratio of 2.77.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AMSF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

AMERISAFE, Inc. is a holding company, which engages the provision of workers’ compensation insurance focused on small to mid-sized employers. It focuses on the businesses in construction, trucking, logging and lumber, manufacturing and agriculture. The company was founded by Millard E. Morris in 1985 and is headquartered in DeRidder, LA.

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