Arch Capital Group Ltd (ACGL) has recently achieved a new
52-Week High with a peak of
$101.88. The stock is on the radar of both investors and asset management groups, from Clearbridge Investments who sold ACGL shares, to Quadrant Capital Group and International Assets Investment Management which have recently made investments. The company's stock performance and growth drivers make it a value buy, and analysts suggest there is still room to run. Several
financial advisory services have shown growth interest in their positions, while several insiders have sold large amounts of shares. Yet, the stock shows promise for long-term value. The financial results from Q4 and Q1 exceeded expectations with an
earnings beat and a rise in premiums. The future prospects seem promising with Wall Street maintaining bullish views, and a consensus recommendation of
Moderate Buy by brokerages. The company has also seen some important movement with the divestment of Castel Underwriting and the acquisition of Allianz's U.S. MidCorp and Entertainment Insurance Businesses.
Arch Capital Group Ltd ACGL News Analytics from Mon, 30 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 19:11:04 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 0
