Soleil Securities Initiates Coverage on Arch Capital Group (ACGL) with a Buy
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Soleil Securities initiates coverage on Arch Capital Group Ltd. (Nasdaq: ACGL) with a Buy. Price target $80.
Soleil analyst says, "In a position of excess capital, we expect over the next one to two years, ACGL will be able to utilize their underwriting prowess to take full advantage of a much harder insurance market and as a result, realize above average returns."
Arch Capital Group Ltd. (ACGL) provides a range of property and casualty insurance and reinsurance lines.
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