B.Riley FBR analyst Randy Binner maintained a Buy rating on Amerisafe (NASDAQ:AMSF) on Thursday, setting a price target of $81, which is approximately 23.33% above the present share price of $65.68.
Binner expects Amerisafe to post earnings per share (EPS) of $1.24 for the third quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Amerisafe, with an average price target of $81.
The analysts price targets range from a high of $81 to a low of $81.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $89.11 million and a net profit of $0. The company's market cap is $1.27 billion.
According to TipRanks.com, B.Riley FBR analyst Randy Binner is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.7% and a 61.48% success rate.
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, Marine, Oil & Gas, trucking, logging and lumber, manufacturing and agriculture. The company was founded by Millard E. Morris in 1985 and is headquartered in DeRidder, LA.