Boenning & Scattergood analyst Robert Farnam maintained a Buy rating on Argo Group International Holdings Ltd (ARGO) today and set a price target of $72. The company’s shares opened today at $62.14.
Farnam wrote:
“We believe ARGO’s underwriting performance is poised to benefit from these investments.”
According to TipRanks.com, Farnam is a 1-star analyst with an average return of -2.9% and a 40.6% success rate. Farnam covers the Financial sector, focusing on stocks such as 1347 Property Insurance Holdings Inc, Hallmark Financial Services, and Selective Insurance Group.
Currently, the analyst consensus on Argo Group International Holdings Ltd is a Strong Buy with an average price target of $70.33.
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The company has a one-year high of $67.59 and a one-year low of $49.65. Currently, Argo Group International Holdings Ltd has an average volume of 79.21K.
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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.
