There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Arch Capital Group (ACGL – Research Report) and UniCredit SpA (UNCFF – Research Report) with bullish sentiments.
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Arch Capital Group (ACGL)
Bank of America Securities analyst Joshua Shanker maintained a Buy rating on Arch Capital Group today. The company’s shares closed last Wednesday at $93.71.
According to TipRanks.com, Shanker is a 5-star analyst with an average return of 8.2% and a 58.8% success rate. Shanker covers the Financial sector, focusing on stocks such as American International Group, Corebridge Financial, Inc., and Marsh & Mclennan Companies.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Arch Capital Group with a $111.08 average price target, which is a 20.1% upside from current levels. In a report issued on April 9, KBW also maintained a Buy rating on the stock with a $104.00 price target.
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UniCredit SpA (UNCFF)
In a report released today, Delphine Lee from J.P. Morgan maintained a Buy rating on UniCredit SpA, with a price target of EUR70.00. The company’s shares closed last Wednesday at $58.02, close to its 52-week high of $61.84.
Lee has an average return of 40.3% when recommending UniCredit SpA.
According to TipRanks.com, Lee is ranked #343 out of 9418 analysts.
UniCredit SpA has an analyst consensus of Strong Buy, with a price target consensus of $64.80, implying a 12.3% upside from current levels. In a report issued on April 9, Jefferies also maintained a Buy rating on the stock.
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