Wunderlich Securities Comments On AmTrust Financial Services (AFSI)

Wunderlich Securities provided color on AmTrust Financial Services AFSI in a research report published today. Wunderlich Securities has previously given AmTrust Financial Services a Buy rating and $23 price target. In the report, Wunderlich Securities states, "Top-line growth is expected to be driven by acquisitions and modest organic growth. In addition, we expect fee income to demonstrate strong growth year over year, driving revenue growth of 42% for 1Q11. Investment income is estimated to be under pressure from low investment yields and AFSI's conservative posture." Shares of AmTrust Financial Services were trading at $19.22 at the time of posting, down 0.41% from Friday's market close.