A Closer Look at 9 Analyst Recommendations For Arch Capital Group
Portfolio Pulse from Benzinga Insights
Arch Capital Group (NASDAQ:ACGL) received mixed analyst ratings over the past three months, with 1 bullish, 5 somewhat bullish, and 3 indifferent. The average 12-month price target is $95.33, up from $93.17, with a high of $105.00 and a low of $86.00. Analysts from UBS, Evercore ISI Group, Citigroup, RBC Capital, Barclays, JP Morgan, JMP Securities, and Morgan Stanley have provided various actions and price target adjustments. Arch Capital Group's financial performance shows strong revenue growth, net margin, ROE, ROA, and a low debt-to-equity ratio.
January 10, 2024 | 8:00 pm
News sentiment analysis
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POSITIVE IMPACT
Arch Capital Group has a mix of analyst ratings with a recent uptick in the average price target to $95.33. The company's strong financial performance may support positive sentiment.
The increase in the average price target suggests a positive outlook from analysts, which could lead to short-term price appreciation. The company's strong financial metrics, such as high revenue growth and net margin, support this view. However, the mix of ratings indicates that there is still some caution in the market, which is why the importance is not at the maximum.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100