Assurant Gets a Buy Rating from SunTrust Robinson

By Carrie Williams

SunTrust Robinson analyst Mark Hughes reiterated a Buy rating on Assurant (NYSE: AIZ) yesterday and set a price target of $115. The company’s shares opened today at $95.23.

According to TipRanks.com, Hughes is a 4-star analyst with an average return of 8.9% and a 74.5% success rate. Hughes covers the Financial sector, focusing on stocks such as American Equity Investment Life, Fidelity National Financial, and Heritage Insurance Holdings.

Assurant has an analyst consensus of Moderate Buy, with a price target consensus of $115.

Assurant’s market cap is currently $5.15B and has a P/E ratio of 12.53. The company has a book value ratio of 1.2199.

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Assurant, Inc. engages in the provision of risk management solutions, protecting where consumers live and the goods they buy. It operates through following segments: Global Housing, Global Lifestyle, Global Preneed and Total Corporate and Other.