Wells Fargo analyst Elyse Greenspan maintains $Arch Capital (ACGL.US)$ with a buy rating, and adjusts the target price from $110 to $126.
According to TipRanks data, the analyst has a success rate of 64.5% and a total average return of 8.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Arch Capital (ACGL.US)$'s main analysts recently are as follows:
Despite Q3 being marked by numerous global catastrophe events, it is anticipated that the impact of catastrophe losses for property and casualty insurers will be manageable. Looking ahead to Q4, provisional losses from Hurricane Milton have been factored into forecasts, although there is still a degree of uncertainty given the storm's recent landfall. General adjustments within the sector have been made to account for events that unfolded during the quarter and shifts in P/E multiples.
The fundamental outlook for the property and casualty sector is viewed positively heading into the Q3 reports. However, positive expectations, bullish sentiment, and valuations moderate the perspective on stocks in this sector. Key positives include continued firm pricing and the sector's defensive risk profile, though there is a suggestion that expectations for underwriters' margins and brokers' sales growth may be on the optimistic side.
Property & Casualty insurance stocks experienced a successful third quarter as a milder natural catastrophe season and strategic positioning led to new highs. Although Hurricanes Helene and Milton have altered the situation, it's still anticipated that the underwriters will report satisfactory results for the third quarter of 2024.
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富国集团分析师Elyse Greenspan维持$艾奇资本 (ACGL.US)$买入评级，并将目标价从110美元上调至126美元。
根据TipRanks数据显示，该分析师近一年总胜率为64.5%，总平均回报率为8.6%。
此外，综合报道，$艾奇资本 (ACGL.US)$近期主要分析师观点如下：
尽管第三季度发生了许多全球灾难事件，但预计财产和意外伤害保险公司灾难损失的影响将是可以控制的。展望第四季度，飓风米尔顿带来的暂定损失已被纳入预测，尽管由于风暴最近的登陆，仍然存在一定程度的不确定性。该行业内部已经做出了一般调整，以反映本季度发生的事件以及市盈率倍数的变化。
财产和意外伤害保险板块的基本展望在进入第三季度报告时被积极看好。然而，积极的预期、看好的情绪和估值使得这一板块的股票前景有所调和。关键积极因素包括持续的坚挺定价和该板块的防御性风险配置，尽管有迹象表明，保险公司的利润率和经纪人的销售增长预期可能过于乐观。
财产和意外伤害保险股票在经历了一个较为温和的自然灾害季和战略定位带来新高后，度过了一个成功的第三季度。尽管飓风海伦和米尔顿改变了局势，但预计保险公司将在2024年第三季度报告令人满意的结果。
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