Keefe Bruyette & Woods Maintains Endurance Specialty Holdings Ltd. to Outperform with Price Target $80.00

Brokerage firm Keefe Bruyette & Woods Maintains its rating on Endurance Specialty Holdings Ltd.(NYSE:ENH). In a research note issued to the investors, the brokerage major Raises the price-target to $80.00 per share. The shares have been rated Outperform. The rating by Keefe Bruyette & Woods was issued on Aug 3, 2016.

In a different note, On Jul 11, 2016, Keefe Bruyette & Woods said it Upgrades its rating on Endurance Specialty Holdings Ltd.. The shares have been rated ‘Outperform’ by the firm.

Endurance Specialty Holdings Ltd. (ENH) shares turned negative on Fridays trading session with the shares closing down -0.55 points or -0.83% at a volume of 2,73,296. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $65.97. The peak price level was also seen at $65.97 while the days lowest was $65.17. Finally the shares closed at $65.47. The 52-week high of the shares is $70.05 while the 52-week low is $57.9728. According to the latest information available, the market cap of the company is $4,424 M.

Endurance Specialty Holdings Ltd.(ENH) last announced its earnings results on Aug 1, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $717.77M. Analysts had an estimated revenue of $706.60M. Earnings per share were $0.81. Analysts had estimated an EPS of $1.36.

Several Insider Transactions has been reported to the SEC. On Jul 5, 2016, John Thomas Baily (director) purchased 39 shares at $66.75 per share price.Also, On Jun 3, 2016, John Charman (CEO) purchased 130,000 shares at $68.58 per share price.On Sep 23, 2015, Carrie Rosorea (Chief Accounting Officer) sold 2,010 shares at $61.14 per share price, according to the Form-4 filing with the securities and exchange commission.

Endurance Specialty Holdings Ltd. is a holding company. The Company through its operating subsidiaries based in Bermuda the United States and the United Kingdom is focused on underwriting specialty lines of personal and commercial property and casualty insurance and reinsurance on a global basis. The Company’s portfolio of specialty lines of business is organized into two business segments: Insurance and Reinsurance. The Insurance segment consists of four lines of business: agriculture casualty and other specialty professional lines and property. The Reinsurance segment consists of five lines of business: catastrophe property casualty professional lines and specialty.

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