Hamilton Insurance price target raised to $37 from $35 at Barclays

Barclays raised the firm’s price target on Hamilton Insurance (HG) to $37 from $35 and keeps an Overweight rating on the shares. The firm adjusted targets in the insurance group as part of a Q1 preview. Premium growth and broker organic growth “are likely to remain sluggish,” the analyst tells investors in a research note. However, Barclays sees solid margins and strong capital deployment still contributing to reported book value growth in Q1.