Arch Capital Group Ltd. (NASDAQ:ACGL) has coverage initiated with a Neutral rating and $34.00 price target

ME Staff
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Analyst Ratings For Arch Capital Group Ltd. (NASDAQ:ACGL)

Today, Credit Suisse Group initiated coverage on Arch Capital Group Ltd. (NASDAQ:ACGL) with a Neutral with a price target of $34.00.

There are 4 Hold Ratings, 4 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Arch Capital Group Ltd. (NASDAQ:ACGL) is Hold with a consensus target price of $16.6250 per share, a potential 44.93% downside.

Some recent analyst ratings include

  • 8/7/2018-Credit Suisse Group initiated coverage with a Neutral rating.
  • 8/2/2018-Royal Bank of Canada Reiterated Rating of Buy.
  • 6/20/2018-Wells Fargo & Co Reiterated Rating of Hold.
  • 6/18/2018-Goldman Sachs Group initiated coverage with a Neutral rating.
  • 3/22/2018-Keefe, Bruyette & Woods Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 10/30/2017-UBS Group Reiterated Rating of Buy.

Recent Insider Trading Activity For Arch Capital Group Ltd. (NASDAQ:ACGL)
Arch Capital Group Ltd. (NASDAQ:ACGL) has insider ownership of 5.10% and institutional ownership of 28.20%.

  • On 6/15/2018 Andrew Rippert, CEO, sold 6,170 with an average share price of $80.88 per share and the total transaction amounting to $499,029.60.
  • On 6/11/2018 Francois Morin, CFO, sold 1,938 with an average share price of $83.11 per share and the total transaction amounting to $161,067.18.
  • On 5/15/2018 Mark Donald Lyons, CFO, sold 12,000 with an average share price of $78.36 per share and the total transaction amounting to $940,320.00.
  • On 5/3/2018 Brian S Posner, Director, bought 3,000 with an average share price of $78.63 per share and the total transaction amounting to $235,890.00.
  • On 3/15/2018 Mark Donald Lyons, CFO, sold 6,000 with an average share price of $84.16 per share and the total transaction amounting to $504,960.00.
  • On 2/28/2018 Mark Donald Lyons, CFO, sold 6,000 with an average share price of $89.39 per share and the total transaction amounting to $536,340.00.
  • On 2/15/2018 Constantine Iordanou, CEO, bought 7,000 with an average share price of $23.80 per share and the total transaction amounting to $166,600.00.

About Arch Capital Group Ltd. (NASDAQ:ACGL)
Arch Capital Group Ltd., together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products. It also provides property, energy, marine, and aviation insurance; travel insurance; accident, disability, and medical plan insurance coverages; captive insurance programs; employers' liability insurance coverages; and contract and commercial surety coverages. This segment markets its products through a group of licensed independent retail and wholesale brokers. Its Reinsurance segment provides reinsurance for third party liability and workers' compensation exposures; marine and aviation reinsurance; surety, accident and health, workers' compensation catastrophe, agriculture, trade credit, and political risk products; reinsurance protection for catastrophic losses and commercial property risks; life reinsurance; casualty clash; and risk management solutions. This segment markets its reinsurance products through brokers, and directly to ceding companies. The company's Mortgage segment offers private mortgage insurance covering one-to-four family residential mortgages; mortgage insurance to cover previously originated residential loans; quota share reinsurance; and risk-sharing products. This segment sells its products through direct basis and through brokers to mortgage originators. The company was founded in 1995 and is based in Pembroke, Bermuda.

Recent Trading Activity for Arch Capital Group Ltd. (NASDAQ:ACGL)
Shares of Arch Capital Group Ltd. closed the previous trading session at 30,19 +0,080 0,27 % with shares trading hands.