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Analysts at Compass Point hoisted their price objective on shares of Argo Group International Holdings (NASDAQ:AGII) from $45.00 to $47.00 in a research report issued to clients and investors on Wednesday, Stock Ratings Network.com reports. The firm currently has a “neutral” rating on the stock. Compass Point’s price target suggests a potential upside of 4.65% from the stock’s previous close.

Shares of Argo Group International Holdings (NASDAQ:AGII) traded up 2.24% during mid-day trading on Wednesday, hitting $45.915. 75,527 shares of the company’s stock traded hands. Argo Group International Holdings has a 52 week low of $34.57 and a 52 week high of $48.75. The stock has a 50-day moving average of $45.77 and a 200-day moving average of $45.12. The company has a market cap of $1.217 billion and a P/E ratio of 8.74.

Argo Group International Holdings (NASDAQ:AGII) last posted its quarterly earnings results on Monday, May 5th. The company reported $1.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.75 by $0.74. The company had revenue of $360.10 million for the quarter, compared to the consensus estimate of $343.48 million. During the same quarter in the prior year, the company posted $0.78 earnings per share. The company’s quarterly revenue was up 5.4% on a year-over-year basis. Analysts expect that Argo Group International Holdings will post $3.47 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Thursday, May 29th.

Separately, analysts at Keefe, Bruyette & Woods initiated coverage on shares of Argo Group International Holdings in a research note on Monday, April 14th. They set a “market perform” rating and a $51.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Argo Group International Holdings presently has an average rating of “Hold” and an average price target of $49.70.

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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