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Argonaut Group, Inc. (AGII) [hlAlert]

Rating:
Outperform
AGII
up 72.53 %

Argonaut Group, Inc. (AGII) rated Outperform by Raymond James

Posted on: Wednesday,  Jul 22, 2009  9:40 AM ET by Raymond James

Raymond James rated Outperform Argonaut Group, Inc. (NASDAQ: AGII) on 07/22/2009, when the stock price was $32.11. Since
then, Argonaut Group, Inc. has gained 72.53% as of 12/24/2015's recent price of $55.40.
If you would have followed this Raymond James's recommendation on AGII, you would have gained 72.53% of your investment in 2346 days.

Argo Group International Holdings, Ltd. (Argo Group) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. During the year ended December 31, 2008, Argo Group?s operations included four business segments: Excess and Surplus Lines, Commercial Specialty, Reinsurance and International Specialty. In May 2008, the Company completed its acquisition of Heritage Underwriting Agency plc, a specialist insurer that focused on underwriting worldwide property and non-United States liability risks. On September 8, 2008, the Company acquired Insight Insurance Services Inc., a specialist in professional liability insurance for accounting professionals, architects, engineers and insurance agents. In October 2008, Argo Group announced the launch of Argo Financial Products Limited. In May, 2009, the Company announced the merger of its specialty insurers, Grocers Insurance and Great Central Insurance, under the brand name Argo Select.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/12/2015 10:25 AM Buy
None
51.74 60.00
as of 12/31/2009
1 Week up  23.30 %
1 Month up  23.89 %
3 Months up  7.30 %
1 YTD up  12.55 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/22/2009 9:40 AM Buy
None
32.11

(*) Stock Price at the time of the recommendation.
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