Analysts have been eager to weigh in on the Financial sector with new ratings on Arch Capital Group Ltd (NASDAQ:ACGL), Amerisafe (NASDAQ:AMSF) and Dynex Capital (NYSE:DX).
Arch Capital Group Ltd (ACGL)
In a report released yesterday, Meyer Shields from KBW reiterated a Buy rating on Arch Capital Group Ltd, with a price target of $33. The company’s shares closed yesterday at $30.04.
According to TipRanks.com, Shields is a 4-star analyst with an average return of 8.7% and a 68.6% success rate. Shields covers the Financial sector, focusing on stocks such as National General Holdings, Arthur J Gallagher & Co, and Maiden Holdings Ltd.
Currently, the analyst consensus on Arch Capital Group Ltd is a Moderate Buy with an average price target of $32.33, representing a 7.6% upside. In a report issued on August 1, RBC Capital also reiterated a Buy rating on the stock with a $34 price target.
.
See today’s analyst top recommended stocks >>
Amerisafe (AMSF)
KBW analyst Christopher Campbell reiterated a Hold rating on Amerisafe yesterday and set a price target of $61. The company’s shares closed yesterday at $63.50, close to its 52-week high of $65.50.
According to TipRanks.com, Campbell is a 3-star analyst with an average return of 8.5% and a 75.0% success rate. Campbell covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, Horace Mann Educators Corp, and GooseHead Insurance Inc.
Currently, the analyst consensus on Amerisafe is a Moderate Buy with an average price target of $65.50, implying a 3.1% upside from current levels. In a report released yesterday, Boenning & Scattergood also maintained a Hold rating on the stock.
.
Dynex Capital (DX)
In a report released yesterday, Eric Hagen from KBW reiterated a Hold rating on Dynex Capital, with a price target of $6.50. The company’s shares closed yesterday at $6.54.
According to TipRanks.com, Hagen is a 2-star analyst with an average return of 1.9% and a 75.0% success rate. Hagen covers the Financial sector, focusing on stocks such as Capstead Mortgage, Invesco Mortgage, and Encore Capital.
The word on The Street in general, suggests a Hold analyst consensus rating for Dynex Capital with a $6.50 average price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
