Goldman Sachs Adds ACE Ltd (ACE) to Conviction Buy List
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Price: $111.02 +0.87%
Rating Summary:
11 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
11 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Goldman Sachs added ACE Ltd (NYSE: ACE) to its Conviction Buy and raised its price target to $85.
The firm said that current trends of improving commercial pricing will have a positive impact on ACE's book of business. They also cited peer-low exposure to areas of the market where they think competition is the most severe, namely personal lines and professional lines.
For an analyst ratings summary and ratings history on ACE Ltd click here. For more ratings news on ACE Ltd click here.
Shares of ACE Ltd closed at $71.82 yesterday.
The firm said that current trends of improving commercial pricing will have a positive impact on ACE's book of business. They also cited peer-low exposure to areas of the market where they think competition is the most severe, namely personal lines and professional lines.
For an analyst ratings summary and ratings history on ACE Ltd click here. For more ratings news on ACE Ltd click here.
Shares of ACE Ltd closed at $71.82 yesterday.
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