A statement released earlier today by Barclays Capital about Arch Capital (NASDAQ:ACGL) bumps the target price to $85.00
- Updated: September 15, 2016
Yesterday Arch Capital (NASDAQ:ACGL) traded 0.54% lower at $80.65. Arch Capital’s 50-day moving average is $77.70 and its 200-day average is $72.37. The last close is up 11.44% from the two hundred day moving average, compared with the S&P 500 Index which has fallen -0.01% over the date range. Trade volume was was down over the average, with 291,341 shares of ACGL changing hands under the typical 363,794 shares..
Arch Capital (NASDAQ:ACGL) had its price target raised to $85 by Barclays Capital in a report announced Thursday September 15 2016. The increased target price indicates a possible upside of 0.05% based on the company’s previous closing price.
On 9/07/2016, Zacks Investment Research reported on Arch Capital(NASDAQ:ACGL) upped the target price from $0.00 to $93.00 that indicated a possible upside of 0.12%.
Recent Performance Graph:
With a total market value of $0.0, Arch Capital has a P/E of 21 with a 52 week low of $59.83 and a 52 week high of $83.61.
General Company Details For Arch Capital (NASDAQ:ACGL)
Arch Capital Group Ltd. writes insurance and reinsurance on worldwide basis. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The Company’s insurance, reinsurance and mortgage segments are underwriting segments. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other, which includes alternative market risks and excess workers’ compensation. The reinsurance segment’s product lines include casualty; marine and aviation; other specialty; property catastrophe; property excluding property catastrophe, and other, and which includes life reinsurance and casualty clash businesses. The mortgage segment includes the results of Arch Mortgage Insurance Company (Arch MI U.S.) and Arch Mortgage Insurance Designated Activity Company (Arch MI Europe).
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