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Argo Group International Holdings (ARGO) Receives a Hold from JMP Securities

In a report issued on July 18, Matthew Carletti from JMP Securities maintained a Hold rating on Argo Group International Holdings (ARGOResearch Report). The company’s shares closed last Tuesday at $33.12, close to its 52-week low of $32.00.

According to TipRanks.com, Carletti is a 1-star analyst with an average return of -1.4% and a 53.3% success rate. Carletti covers the Financial sector, focusing on stocks such as Heritage Insurance Holdings, Old Republic International, and Selective Insurance Group.

Argo Group International Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $45.00.

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The company has a one-year high of $61.30 and a one-year low of $32.00. Currently, Argo Group International Holdings has an average volume of 175.3K.

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Argo Group International Holdings Ltd. engages in underwriting property and casualty insurance and reinsurance. The company operates through following segments: Property, Liability, Professional and Specialty. The Property segment includes both property insurance and reinsurance products. The Liability segment includes a broad range of primary and excess casualty products. The Professional segment includes various professional lines products including errors and omissions, management liability and cyber coverages. The specialty segment includes niche insurance coverages including marine & energy, accident & health and surety product offerings. The company was founded in 1986 and is headquartered in Pembroke, Bermuda.

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