Wells Fargo Keeps a Hold Rating on Arch Capital Group Ltd (ACGL)


Wells Fargo analyst Elyse Greenspan maintained a Hold rating on Arch Capital Group Ltd (NASDAQ: ACGL) today and set a price target of $30. The company’s shares opened today at $27.64.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 2.2% and a 52.5% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arch Capital Group Ltd with a $32.33 average price target.

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The company has a one-year high of $33.43 and a one-year low of $25.71. Currently, Arch Capital Group Ltd has an average volume of 1M.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock.

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Arch Capital Group Ltd. provides property and casualty insurance and reinsurance lines. It operates through the following segments: Insurance, Reinsurance, Mortgage, Corporate (Non-Underwriting), and Other.

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