JPMorgan raised the firm’s price target on Arch Capital (ACGL) to $107 from $106 and keeps a Neutral rating on the shares as part of a Q1 preview for the property and casualty sector. The outlook for the P&C sector is positive given ongoing firm pricing, a defensive risk profile, and attractive valuation levels, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACGL:
- Positive Outlook for Arch Capital Group Driven by Strong Reserve Management and Strategic Risk Practices
- Arch Capital price target lowered to $113 from $120 at Keefe Bruyette
- Arch Capital price target lowered to $110 from $125 at RBC Capital
- Arch Capital price target lowered to $106 from $107 at Wells Fargo
- Arch Capital Reports Q4 2024 Earnings Amid Catastrophic Losses
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue