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Arch Capital Group Ltd.’s Stock Price Dips to $97.65, Witnesses 2.35% Decrease: Is it Time to Buy?

Arch Capital Group Ltd. (ACGL)

97.65 USD -2.35 (-2.35%) Volume: 1.28M

Arch Capital Group Ltd.’s stock price stands at 97.65 USD, experiencing a decrease of -2.35% this trading session with a trading volume of 1.28M, yet showcasing a robust performance with a year-to-date increase of +31.48%.


Latest developments on Arch Capital Group Ltd.

Arch Capital Group Ltd. (ACGL) has been making headlines recently with key events affecting its stock price movements. Analysts at Deutsche Bank Aktiengesellschaft have set a new price target of $120.00 for ACGL, indicating a strong buy opportunity. The stock has seen a slight decrease of 0.13%, but overall analyst ratings suggest a consensus recommendation of “moderate buy” for the company. With a consensus target price of $101.33 from brokerages, ACGL remains an undervalued stock worth considering. As the Lenders Mortgage Insurance market analysis predicts revenue growth for companies like Arch Capital Group, investors may find this stock to be a promising investment option.


A look at Arch Capital Group Ltd. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Arch Capital Group Ltd. is looking towards a promising long-term future, as indicated by its Smartkarma Smart Scores. With a high score in Growth and Momentum, the company is showing strong potential for expansion and upward movement in the market. This suggests that Arch Capital is well-positioned to capitalize on future opportunities and continue to grow its business.

Although Arch Capital may have lower scores in areas such as Value and Dividend, its overall outlook remains positive. With a solid score in Resilience, the company demonstrates a level of stability and ability to withstand economic challenges. Investors looking for a company with strong growth prospects and market momentum may find Arch Capital to be a favorable choice for their long-term investment strategy.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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