B.Riley FBR analyst Randy Binner maintained a Buy rating on Amerisafe (AMSF) yesterday and set a price target of $75. The company’s shares closed yesterday at $65.76, close to its 52-week high of $66.99.
According to TipRanks.com, Binner is a 5-star analyst with an average return of 12.5% and a 64.4% success rate. Binner covers the Financial sector, focusing on stocks such as Colony Credit Real Estate Inc, Health Insurance Innovations, and Victory Capital Holdings Inc.
Amerisafe has an analyst consensus of Moderate Buy, with a price target consensus of $75.
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The company has a one-year high of $66.99 and a one-year low of $50.45. Currently, Amerisafe has an average volume of 73.74K.
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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.
