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AGII

Argo Group

$65.10

0.05 (0.08%)

16:41
01/23/18
01/23
16:41
01/23/18
16:41

Argo Group reports preliminary pre-tax catastrophe loss of $34M-$38M in Q4

Argo Group International announced a preliminary pre-tax catastrophe loss estimate for the three-month period ended Dec. 31, 2017 of $34M-$38M, net of ceded reinsurance recoverables, reinstatement premiums and expected profit commissions. Catastrophe losses are primarily related to the wildfires in California and to certain aggregate excess of loss contracts that were impacted by various 2017 catastrophe and weather related events.

AGII Argo Group
$65.10

0.05 (0.08%)

12/28/17
12/28/17
NO CHANGE

On The Fly: Top five analyst actions
Catch up on today's top five analyst actions with this list compiled by The Fly: 1. Argo Group (AGII) upgraded to Outperform from Market Perform at Keefe Bruyette with analyst Christopher Campbell raising his price target for the shares to $71 from $67. 2. Royal Gold (RGLD) downgraded to Hold from Buy at Canaccord with analyst Tony Lesiak citing the company's announcement that given a lack of sufficient water resources, its mill processing operations at the Mount Milligan mine in British Columbia, Canada have been temporarily suspended. 3. Starbucks (SBUX) initiated with a Buy at Tigress Financial. 4. Sonoma Pharmaceuticals (SNOA) initiated with a Speculative Buy at Benchmark. 5. CommerceHub (CHUBA) initiated with an Outperform at Northland. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/28/17
KBWI
12/28/17
UPGRADE
Target $71
KBWI
Outperform
Argo Group upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette analyst Christopher Campbell upgraded Argo Group to Outperform and raised his price target for the shares to $71 from $67 after taking over coverage of the name.
02/15/17
COMP
02/15/17
DOWNGRADE
COMP
Sell
Argo Group downgraded to Sell from Neutral at Compass Point
Compass Point analyst Kenneth Billingsley earlier today downgraded Argo Group to Sell.

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