Citizens JMP raised the firm’s price target on Hamilton Insurance (HG) to $29 from $27 and keeps an Outperform rating on the shares. The company reported strong Q2 results and is well positioned to benefit from hard market conditions in both specialty insurance and reinsurance, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HG:
- Hamilton Insurance Appoints New Chief Risk Officer
- Hamilton Insurance reports Q2 operating EPS $1.55, consensus $1.07
- Hamilton Insurance Appoints New Chief Information Officer
- Hamilton CIO Venkat Krishnamoorthy retires, Raymond Karrenbauer succeeds
- Balanced Outlook for Hamilton Insurance Group: Hold Rating Amid Strategic Positioning and Profit Margin Concerns
