Keefe, Bruyette & Woods Reiterates Employers Holdings Market Perform, Raises PT To $18 (EIG)

Keefe, Bruyette & Woods reiterated its Employers Holdings EIG Market Perform rating and raised Employers Holdings' price target to $18 in a research report published today. In the report, Keefe, Bruyette & Woods states, "EIG beat consensus but fell short of our estimate by $0.01. EIG's 107.6% combined ratio missed our 105.4% estimate (higher losses were only partially offset by expense savings)." Shares of Employers Holdings closed Wednesday at $18.22, reflecting no change from Tuesday's market close.