Navigating 5 Analyst Ratings For Arch Capital Group
Portfolio Pulse from Benzinga Insights
Arch Capital Group (NASDAQ:ACGL) has received mixed analyst ratings over the past three months, with a recent shift towards a neutral stance. The average 12-month price target is $90.6, slightly down from $90.67. Analysts from JP Morgan, Citigroup, UBS, and Evercore ISI Group have adjusted their ratings and price targets, reflecting their views on the company's performance and market conditions. Arch Capital operates in insurance, reinsurance, and mortgage sectors, showing substantial market capitalization and revenue growth but lagging in ROE and ROA compared to industry averages.
February 15, 2024 | 3:01 pm
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NEUTRAL IMPACT
Arch Capital Group has seen mixed analyst ratings with a neutral shift and a slight decrease in the average price target. The company's financial performance shows strong revenue growth but below-average ROE and ROA.
The mixed analyst ratings and slight adjustment in the price target suggest a neutral short-term impact on ACGL's stock price. The company's strong revenue growth is positive, but the below-average ROE and ROA could concern investors, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100