Morgan Stanley (NYSE:MS) analyst Morgan Stanley maintained a Buy rating on Assurant (NYSE:AIZ) on Tuesday, setting a price target of $155, which is approximately 13.90% above the present share price of $136.08.
expects Assurant to post earnings per share (EPS) of -$0.58 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Assurant, with an average price target of $153.67.
The analysts price targets range from a high of $156 to a low of $150.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.5 billion and a net profit of $0. The company's market cap is $7.87 billion.
According to TipRanks.com, Morgan Stanley analyst Morgan Stanley is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 7.1% and a 58.29% success rate.
Assurant, Inc. engages in the provision of risk management solutions. It operates through following segments: Global Housing, Global Lifestyle, and Global Preneed. The Global Housing segment provides lender-placed homeowners, multi-family housing, and mortgage solutions. The Global Lifestyle segment offers mobile device protection products, related & extended service products and related services for consumer electronics & appliances, vehicle protection services, and credit insurance. The Global Preneed segment provides pre-funded funeral insurance and annuity products. The company was founded on February 4, 2004 and is headquartered in New York, NY.