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Arch Capital Group Ltd. (ACGL) [hlAlert]

Rating:
Outperform
ACGL
up 185.63 %

Arch Capital Group Ltd. (ACGL) rated Outperform with price target $75 by Credit Suisse

Posted on: Monday,  Jul 27, 2009  9:25 AM ET by Credit Suisse

Credit Suisse rated Outperform Arch Capital Group Ltd. (NASDAQ: ACGL) on 07/27/2009. Previously Credit Suisse rated Buy Arch Capital Group Ltd. (NASDAQ: ACGL)
on 06/27/2007., when the stock price was $23.80. Since then, Arch Capital Group Ltd. has gained 185.64% as of 01/22/2016's recent price of $67.99.
If you would have followed the previous Credit Suisse's recommendation on ACGL, you would have gained 185.63% of your investment in 3131 days.

Arch Capital Group Ltd. (ACGL) writes insurance and reinsurance on a worldwide basis. ACGL classifies its businesses into two underwriting segments, insurance and reinsurance. Its insurance operations are conducted in Bermuda, the United States, Europe and Canada. The Company?s reinsurance operations are conducted on a worldwide basis through its reinsurance subsidiaries, Arch Reinsurance Ltd. (Arch Re Bermuda), Arch Reinsurance Company (Arch Re U.S.), and Arch Reinsurance Europe Underwriting Limited (Arch Re Europe).

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/27/2009 9:25 AM Buy
None
20.86 24.75
as of 12/31/2009
1 Week up  22.53 %
1 Month up  26.02 %
3 Months up  30.42 %
1 YTD up  25.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/19/2009 8:25 AM Buy
None
19.54 24.09
6/27/2007 11:25 AM Buy
None
23.80 27.39

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