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Sterne Agee started coverage on shares of Argo Group International Holdings (NASDAQ:AGII) in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Separately, analysts at Zacks downgraded shares of Argo Group International Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $51.10 price target on the stock. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Argo Group International Holdings has an average rating of “Hold” and an average target price of $48.70.

Shares of Argo Group International Holdings (NASDAQ:AGII) traded up 1.53% during mid-day trading on Tuesday, hitting $45.82. The stock had a trading volume of 195,716 shares. Argo Group International Holdings has a 1-year low of $28.6364 and a 1-year high of $48.75. The stock’s 50-day moving average is $46.46 and its 200-day moving average is $44.12. The company has a market cap of $1.220 billion and a P/E ratio of 13.95.

Argo Group International Holdings (NASDAQ:AGII) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.80 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.68 by $0.12. The company had revenue of $364.00 million for the quarter, compared to the consensus estimate of $328.47 million. During the same quarter last year, the company posted $0.59 earnings per share. Argo Group International Holdings’s revenue was up 5.7% compared to the same quarter last year. On average, analysts predict that Argo Group International Holdings will post $3.02 earnings per share for the current fiscal year.

Argo Group International Holdings, Ltd. (NASDAQ:AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market.

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