Argo Group International Holdings Sets New 12-Month High at $52.45 (AGII)
Argo Group International Holdings (NASDAQ:AGII) hit a new 52-week high during trading on Friday , AR Network reports. The company traded as high as $52.45 and last traded at $52.30, with a volume of 96,170 shares changing hands. The stock had previously closed at $51.51.
AGII has been the subject of a number of recent research reports. Analysts at Compass Point raised their price target on shares of Argo Group International Holdings from $45.00 to $47.00 in a research note on Wednesday, May 7th. They now have a “neutral” rating on the stock. 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. The stock has a consensus rating of “Hold” and an average price target of $49.70.
The stock has a 50-day moving average of $49.72 and a 200-day moving average of $46.55. The company has a market cap of $1.385 billion and a price-to-earnings ratio of 9.42.
Argo Group International Holdings (NASDAQ:AGII) last released its earnings data on Monday, May 5th. The company reported $1.49 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.78 earnings per share. Argo Group International Holdings’s revenue was up 5.4% compared to the same quarter last year. Analysts expect that Argo Group International Holdings will post $3.59 EPS 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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