In a report released today, Bijan Moazami from Compass Point upgraded Argo Group International Holdings Ltd (ARGO) to Buy. The company’s shares closed yesterday at $68.10.
According to TipRanks.com, Moazami is a 3-star analyst with an average return of 5.8% and a 70.6% success rate. Moazami covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Travelers Companies.
Currently, the analyst consensus on Argo Group International Holdings Ltd is a Moderate Buy with an average price target of $70.
See today’s analyst top recommended stocks >>
Argo Group International Holdings Ltd’s market cap is currently $2.31B and has a P/E ratio of 37.81. The company has a Price to Book ratio of 1.32.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ARGO in relation to earlier this year.
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.
Argo Group International Holdings Ltd. engages in underwriting property and casualty insurance and reinsurance. The company operates through following segments: Property, Liability, Professional and Specialty. The Property segment includes both property insurance and reinsurance products.
