Ken Billingsley

In a report published Wednesday, Compass Point analyst Ken Billingsley downgraded the rating on Brown & Brown (NYSE: BRO) from Buy to Neutral, and lowered the price target from $36.00 to $33.00. In the report, Compass Point noted, “We downgrade BRO to Neutral and lower our price target to $33...

In a report published Thursday, Compass Point analyst Ken Billingsley reiterated a Neutral rating on Meadowbrook Insurance Group (NYSE: MIG), but lowered the price target from $8.00 to $6.50. In the report, Compass Point noted, “Following the second largest reserve charge over nine straight...

In a report published Wednesday, Compass Point analyst Ken Billingsley downgraded the rating on Tower Group International (NASDAQ: TWGP) from Buy to Neutral, and lowered the price target from $5.25 to $5.00. In the report, Compass Point noted, “We are lower our rating to Neutral from Buy and our...

In a report published Thursday, Compass Point analyst Ken Billingsley downgraded the rating on Meadowbrook Insurance (NYSE: MIG) from Buy to Neutral, but reiterated the $8.00 price target. In the report, Compass Point noted, “MIG reported another reserve charge this quarter, but this one was...

In a report published Thursday, Compass Point analyst Ken Billingsley downgraded the rating on Arthur J. Gallagher & Co. (NYSE: AJG) from Buy to Neutral, but reiterated the $50.00 price target. In the report, Compass Point noted, “3Q13 earnings came in a bit light of consensus as operating...

In a report published Tuesday, Compass Point analyst Ken Billingsley downgraded Amtrust Financial Services (NASDAQ: AFSI) from Buy to Neutral, but raised the price target from $38.00 to $43.00. In the report, Compass Point noted, “We are raising our price target to $43 from $38 and downgrading...

In a report published Tuesday, Compass Point analyst Ken Billingsley initiated coverage on Brown & Brown (NYSE: BRO) with a Buy rating and $40.00 price target. In the report, Compass Point noted, “BRO has historically had the best operating margins of its peers (19.3% in 2012 versus 8.3%...

In a report published Tuesday, Compass Point analyst Ken Billingsley initiated coverage on Arthur J. Gallagher & Co. (NYSE: AJG) with a Buy rating and $50.00 price target. In the report, Compass Point noted, “AJG shares have traded up nicely since the middle of 2011. A hardening P&C...