Equities research analysts at FBR Capital upped their price target on shares of American Safety Insurance Holdings (NYSE: ASI) from $24.00 to $27.00 in a research note issued to investors on Thursday. The firm currently has an “outperform” rating on the stock.

ASI has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of American Safety Insurance Holdings from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, January 28th. They now have a $20.40 price target on the stock. Analysts at BGB Securities reiterated a “buy” rating on shares of American Safety Insurance Holdings in a research note to investors on Friday, December 28th. They now have a $27.00 price target on the stock.

Shares of American Safety Insurance Holdings opened at 23.97 on Thursday. American Safety Insurance Holdings has a one year low of $15.75 and a one year high of $23.97. The stock’s 50-day moving average is currently $21.42. The company has a market cap of $236.8 million and a P/E ratio of 21.03.

American Safety Insurance Holdings, Ltd. (American Safety Insurance) is a specialty insurance and reinsurance holding company with the United States insurance and offshore reinsurance operations offering solutions for specialty risks.

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