Assessing Arch Capital Group: Insights From 13 Financial Analysts
Portfolio Pulse from Benzinga Insights
Arch Capital Group (NASDAQ:ACGL) has received mixed ratings from 13 analysts, with a majority being somewhat bullish. The average 12-month price target has increased by 7.92% to $122.31. Analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance. Arch Capital Group shows strong financial metrics, including a high net margin and ROE, but its revenue growth lags behind industry peers.
November 01, 2024 | 9:00 pm
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Arch Capital Group has received a mix of bullish and somewhat bullish ratings from analysts, with an average price target increase of 7.92% to $122.31. The company's strong financial metrics are offset by slower revenue growth compared to peers.
The majority of analysts are somewhat bullish on Arch Capital Group, with a significant increase in the average price target. This suggests positive sentiment and potential for stock price appreciation. However, the company's slower revenue growth compared to peers may temper expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100