Raymond James analyst Charles Peters reiterated a Buy rating on Argo Group International Holdings (NYSE:ARGO) Ltd on Monday, setting a price target of $55, which is approximately 22.33% above the present share price of $44.96.
Peters expects Argo Group International Holdings Ltd to post earnings per share (EPS) of -$0.57 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Argo Group International Holdings, with an average price target of $51.
The analysts price targets range from a high of $55 to a low of $47.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $518.1 million and a net profit of $0. The company's market cap is $1.56 billion.
According to TipRanks.com, Raymond James analyst Charles Peters is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.9% and a 68.82% success rate.
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. The Liability segment includes a broad range of primary and excess casualty products. The Professional segment includes various professional lines products including errors and omissions, management liability and cyber coverages. The specialty segment includes niche insurance coverages including marine & energy, accident & health and surety product offerings. The company was founded in 1986 and is headquartered in Pembroke, Bermuda.