Smiths Group PLC (LON:SMIN) Buy Rating Reiterated by Deutsche Bank; With GBX 1750.00 Target; Argonaut Group (AGII) Has 0.95 Sentiment

April 11, 2018 - By Marguerite Chambers

Argo Group International Holdings, Ltd. (NASDAQ:AGII) Logo

Argonaut Group Inc (AGII) investors sentiment decreased to 0.95 in Q4 2017. It’s down -0.28, from 1.23 in 2017Q3. The ratio dived, as 76 funds increased or started new holdings, while 80 sold and decreased stakes in Argonaut Group Inc. The funds in our database now hold: 24.69 million shares, down from 24.79 million shares in 2017Q3. Also, the number of funds holding Argonaut Group Inc in top ten holdings was flat from 1 to 1 for the same number . Sold All: 23 Reduced: 57 Increased: 50 New Position: 26.

In a note revealed to investors on Wednesday morning, Smiths Group PLC (LON:SMIN) stock Buy was reconfirmed at Deutsche Bank. They currently have a GBX 1750.00 TP on the stock. Deutsche Bank’s TP would indicate a potential upside of 15.34% from the company’s last close price.

The stock increased 0.44% or $0.25 during the last trading session, reaching $57.35. About 67,827 shares traded. Argo Group International Holdings, Ltd. (AGII) has declined 1.44% since April 11, 2017 and is downtrending. It has underperformed by 12.99% the S&P500.

Dean Capital Management holds 2.08% of its portfolio in Argo Group International Holdings, Ltd. for 71,525 shares. Hillcrest Asset Management Llc owns 173,776 shares or 1.93% of their US portfolio. Moreover, Grace & White Inc Ny has 1.9% invested in the company for 153,552 shares. The Illinois-based New Vernon Investment Management Llc has invested 1.45% in the stock. Tributary Capital Management Llc, a Colorado-based fund reported 213,858 shares.

Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty market worldwide. The company has market cap of $1.93 billion. The Company’s Excess and Surplus Lines segment underwrites primary and excess specialty casualty, contract liability, commercial multi-peril, product liability, environmental liability, allied medical, and auto liability products. It has a 40.22 P/E ratio. This segment distributes its products through a network of wholesale agents and brokers.

Analysts await Argo Group International Holdings, Ltd. (NASDAQ:AGII) to report earnings on May, 2. They expect $0.78 earnings per share, up 25.81% or $0.16 from last year’s $0.62 per share. AGII’s profit will be $26.30M for 18.38 P/E if the $0.78 EPS becomes a reality. After $-0.57 actual earnings per share reported by Argo Group International Holdings, Ltd. for the previous quarter, Wall Street now forecasts -236.84% EPS growth.

Smiths Group plc designs, manufactures, and sells various services and products for the threat and contraband detection, medical devices, energy, communications, and engineered components markets worldwide. The company has market cap of 6.01 billion GBP. It operates through John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek divisions. It has a 16.79 P/E ratio. The John Crane division offers engineered services and products comprising mechanical seals, seal support systems, engineered bearings, power transmission couplings, and specialist filtration systems.

Among 21 analysts covering Smiths Group (LON:SMIN), 10 have Buy rating, 3 Sell and 8 Hold. Therefore 48% are positive. Smiths Group has GBX 1900 highest and GBX 780 lowest target. GBX 1476.53’s average target is -2.70% below currents GBX 1517.5 stock price. Smiths Group had 152 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Wednesday, June 28 by RBC Capital Markets. The company was maintained on Tuesday, March 8 by RBC Capital Markets. The company was maintained on Thursday, March 30 by RBC Capital Markets. The company was maintained on Friday, September 4 by RBC Capital Markets. HSBC upgraded the shares of SMIN in report on Tuesday, December 1 to “Hold” rating. Numis Securities maintained Smiths Group plc (LON:SMIN) rating on Monday, September 25. Numis Securities has “Hold” rating and GBX 1600 target. The company was maintained on Thursday, October 27 by Morgan Stanley. As per Monday, April 4, the company rating was maintained by Nomura. The stock of Smiths Group plc (LON:SMIN) earned “Buy” rating by Deutsche Bank on Tuesday, September 22. The stock of Smiths Group plc (LON:SMIN) has “Hold” rating given on Thursday, February 22 by Jefferies.

Argo Group International Holdings, Ltd. (NASDAQ:AGII) Ratings Chart

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