Barclays has revised its price target for Arch Capital Group Ltd. (ACGL, Financial), trimming it from $100 to $93. This adjustment is part of the firm's preliminary assessment ahead of the insurance group's first-quarter earnings report.
While maintaining an Equal Weight rating on Arch Capital's shares, Barclays expressed concern over the firm's life earnings, which appear to be under some pressure. The firm has instead shifted its focus to the company's strengths in group benefits, its excess capital, and what it describes as "affordable" cash flows.
Barclays also highlighted the broader industry context, noting that the sector is currently "navigating uncertainty." This outlook suggests that while there are areas of strength within Arch Capital, challenges persist in the broader insurance market landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Arch Capital Group Ltd (ACGL, Financial) is $112.64 with a high estimate of $128.00 and a low estimate of $93.00. The average target implies an upside of 24.29% from the current price of $90.63. More detailed estimate data can be found on the Arch Capital Group Ltd (ACGL) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Arch Capital Group Ltd's (ACGL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Arch Capital Group Ltd (ACGL, Financial) in one year is $121.51, suggesting a upside of 34.07% from the current price of $90.63. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Arch Capital Group Ltd (ACGL) Summary page.
