Wunderlich Securities reiterated its Maiden Holdings MHLD Buy rating and $10 price target in a research report published today.
In the report, Wunderlich Securities states, "Maiden Holdings Ltd. (MHLD) is expected to report 1Q11 results May 4, 2011, after the market close. The conference call is on May 5 at 9am ET. We estimate operating EPS increased 10% to $0.25 compared to $0.23 a year ago. The consensus is $0.24. Top-line growth of 15% in 1Q11 is expected to be driven by growth from quota share agreements with AmTrust Financial Services Inc. (AFSI-$19.52, Buy) and American Capital Acquisition Corp. (ACAC)."
Shares of Maiden Holdings were trading at $7.30 at the time of posting, down 0.56% from Tuesday's market close.
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