BUZZ-Piper Sandler downgrades Aspen Insurance to 'neutral' after acquisition by Japan's Sompo
Reuters
Nov 14, 2025
BUZZ-Piper Sandler downgrades Aspen Insurance to 'neutral' after acquisition by Japan's Sompo
** Piper Sandler downgrades specialty insurer Aspen Insurance AHL.N to "neutral" from "overweight"
** Brokerage cites acquisition by Japan's Sompo for $37.50 per share as limiting factor for upside for investors
** Piper Sandler also reported lower net premiums written in third quarter of $705.2 million, below consensus estimates of $725.1 million
** Brokerage revises co's FY25 EPS estimate to $3.95 from $3.80, lowers estimate for FY26 EPS to $4.95 from $5.10
** One of 7 brokerages rate stock "buy" or higher, six "hold"; their median PT is $37.50 - data compiled by LSEG
** As of last close, AHL stock has risen 10.86% from opening price on debut in May
(Reporting by Anuj T in Bengaluru)
((anuj.t@thomsonreuters.com))
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