Argo Group International Holdings (ARGO) Receives a Hold from William Blair

William Blair analyst Adam Klauber reiterated a Hold rating on Argo Group International Holdings (ARGOResearch Report) on May 3. The company’s shares closed last Friday at $34.11, close to its 52-week low of $34.07.

According to TipRanks.com, Klauber is ranked #1055 out of 7924 analysts.

Currently, the analyst consensus on Argo Group International Holdings is a Moderate Buy with an average price target of $45.00, a 26.7% upside from current levels. In a report issued on April 18, JMP Securities also maintained a Hold rating on the stock.

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Argo Group International Holdings’ market cap is currently $1.19B and has a P/E ratio of -33.26.

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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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