There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Arch Capital Group (ACGL – Research Report), Standard Chartered (SCBFF – Research Report) and Brixmor Property (BRX – Research Report) with bullish sentiments.
Arch Capital Group (ACGL)
According to TipRanks.com, Podhaizer is a 3-star analyst with an average return of 5.2% and a 53.7% success rate. Podhaizer covers the Industrial Goods sector, focusing on stocks such as Liberty Oilfield Services, Ranger Energy Services, and Helmerich & Payne.
Arch Capital Group has an analyst consensus of Moderate Buy, with a price target consensus of $68.33, which is a 6.3% upside from current levels. In a report released yesterday, JMP Securities also reiterated a Buy rating on the stock with a $75.00 price target.
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Standard Chartered (SCBFF)
In a report released yesterday, Peter Richardson from Berenberg Bank reiterated a Buy rating on Standard Chartered, with a price target of p750.00. The company’s shares closed last Friday at $9.16.
Richardson has an average return of 10.9% when recommending Standard Chartered.
According to TipRanks.com, Richardson is ranked #1501 out of 8331 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Standard Chartered with a $10.70 average price target, implying a 23.6% upside from current levels. In a report issued on February 3, Investec also upgraded the stock to Buy with a p740.00 price target.
Brixmor Property (BRX)
The company’s shares closed last Monday at $23.23.
According to TipRanks.com, Powell is a 1-star analyst with an average return of -2.4% and a 45.4% success rate. Powell covers the Financial sector, focusing on stocks such as First Industrial Realty, Park Hotels & Resorts, and Cousins Properties.
Currently, the analyst consensus on Brixmor Property is a Strong Buy with an average price target of $27.00.
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