4 Analysts Have This To Say About Fidelis Insurance Hldgs
Portfolio Pulse from Benzinga Insights
Fidelis Insurance Hldgs (NYSE:FIHL) has received mixed analyst ratings over the last three months, with a shift towards more positive evaluations in the recent 30 days. Analysts from Keefe, Bruyette & Woods, JMP Securities, and JP Morgan have adjusted their price targets, reflecting a consensus average price target increase to $19.25 from $18.38. This adjustment indicates a 4.73% increase in the expected stock value. Fidelis Insurance, a global (re)insurance company, has shown notable revenue growth and strong financial performance metrics such as net margin, ROE, and ROA, despite a smaller market capitalization compared to industry peers.
March 04, 2024 | 2:01 pm
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POSITIVE IMPACT
Fidelis Insurance Hldgs has seen a positive shift in analyst ratings with an updated average price target of $19.25, indicating a bullish outlook. The company's strong financial performance and revenue growth are key factors.
The increase in the average price target to $19.25 from $18.38, based on recent analyst adjustments, reflects a growing confidence in Fidelis Insurance Hldgs's financial health and market position. The company's impressive revenue growth, net margin, ROE, and ROA, despite its smaller market capitalization, contribute to a positive short-term outlook for its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100