Where Arch Capital Group Stands With Analysts
Portfolio Pulse from Benzinga Insights
Arch Capital Group (NASDAQ:ACGL) has received 10 analyst ratings in the last quarter, with 7 being somewhat bullish, 3 indifferent, and none bearish. The average 12-month price target for ACGL is $94.9, with a high of $105.00 and a low of $80.00. This target has increased by 2.52% from the previous average of $92.57. Analyst ratings are based on information from company calls, financial statements, and insider conversations, and they provide guidance on stock performance.
November 22, 2023 | 1:00 pm
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POSITIVE IMPACT
Arch Capital Group has a positive outlook from analysts with an increased average price target of $94.9, suggesting confidence in the company's future performance.
The increase in the average price target and the predominance of somewhat bullish ratings over the last quarter indicate a positive sentiment among analysts towards ACGL. This optimism is likely to influence investor perception and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100