Showing posts with label HCC Insurance. Show all posts
Showing posts with label HCC Insurance. Show all posts

Thursday, May 5, 2011

Price Targets on (HCA) (HCC) (JDSU) (GRMN) (EXPD) Updated by Analysts

Price targets on HCA Holdings Inc (NYSE: HCA), HCC Insurance Holdings, Inc. (NYSE: HCC), JDS Uniphase Co. (NASDAQ: JDSU), Garmin Ltd. (NASDAQ: GRMN) and Expeditors International (NASDAQ: EXPD) were updated by analysts.

RBC Capital raised their price target on HCA Holdings Inc (HCA) from $38.00 to $40.00. They have an “outperform” rating on the company.

Wunderlich raised their price target on HCC Insurance Holdings, Inc. (HCC) from $34.00 to $37.00. They have a “buy” rating on the company.

Credit Suisse (NYSE:CS) cut their price target on JDS Uniphase Co. (JDSU) to $21.00. They have a “neutral” rating on the company.

RBC Capital raised their price target on Garmin Ltd. (GRMN) from $33.00 to $35.00. They have a “sector perform” rating on the company.

RBC Capital raised their price target on Expeditors International (EXPD) from $53.00 to $55.00. They have a “sector perform” rating on the company.

Wednesday, March 9, 2011

Wells Fargo (WFC), BofA (BAC), Barclays (BCS) Lead HCC (HCC) Credit Facility

HCC Insurance (NYSE:HCC) announced it has entered into a $600 million revolving loan facility, led by Wells Fargo (NYSE:WFC), which was the lead arranger and administrative agent.

Bank of America (NYSE:BAC) and Barclays Bank acted as co-syndication agents, while JPMorgan Chase (NYSE:JPM) and Royal Bank of Scotland (NYSE:RBS) acted as co-documentation agents for HCC Insurance.

The length of the facility is for four years, and replaces the company’s existing $575 million revolving loan facility, which was due to expire in December.

HCC closed Tuesday at $31.10, gaining $0.78, or 2.57 percent.