Arch Capital Group (ACGL) Receives a Hold from Credit Suisse

Credit Suisse analyst Michael Zaremski maintained a Hold rating on Arch Capital Group (ACGL) on May 4 and set a price target of $25.00. The company’s shares closed last Wednesday at $23.82, close to its 52-week low of $22.41.

According to, Zaremski is a 4-star analyst with an average return of 4.9% and a 59.1% success rate. Zaremski covers the Financial sector, focusing on stocks such as Arthur J Gallagher & Co, Cincinnati Financial, and Hartford Financial.

Currently, the analyst consensus on Arch Capital Group is a Strong Buy with an average price target of $39.13.

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Arch Capital Group’s market cap is currently $9.69B and has a P/E ratio of 6.00. The company has a Price to Book ratio of 0.95.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral 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. The Insurance segment consists of insurance underwriting units which offer specialty product lines like construction and national accounts, excess and surplus casualty, lenders products, professional lines, and programs. The Reinsurance segment is comprised of reinsurance underwriting which offer specialty product lines such as casualty, marine and aviation, other specialty, property catastrophe, property excluding property catastrophe, and other. The Mortgage segment is the operations that includes U.S. and international mortgage insurance and reinsurance operations as well as GSE credit risk sharing transactions. The Corporate (Non-Underwriting) segment includes net investment income, other income, corporate expense, interest expense, net realized gains and losses, net impairment losses. The Other segment refers to Watford Re. which is a variable interest entity. The company was founded by Clements Robert in 1995 and is headquartered in Hamilton, Bermuda.

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