Analysts’ Opinions Are Mixed on These Financial Stocks: Accelerant Holdings Class A (ARX) and Robinhood (HOOD)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Accelerant Holdings Class A (ARX – Research Report) and Robinhood (HOOD – Research Report).

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Accelerant Holdings Class A (ARX)

In a report released today, Bob Huang from Morgan Stanley maintained a Hold rating on Accelerant Holdings Class A, with a price target of $26.00. The company’s shares closed last Thursday at $18.70, close to its 52-week low of $18.26.

According to TipRanks.com, Huang is a 1-star analyst with an average return of -1.0% and a 53.0% success rate. Huang covers the Financial sector, focusing on stocks such as Hamilton Insurance Group, Ltd. Class B, Jackson Financial Incorporation, and Slide Insurance Holdings, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Accelerant Holdings Class A with a $28.81 average price target, representing a 47.0% upside. In a report issued on August 29, Wells Fargo also maintained a Hold rating on the stock with a $23.00 price target.

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Robinhood (HOOD)

Goldman Sachs analyst James Yaro maintained a Buy rating on Robinhood on September 10 and set a price target of $130.00. The company’s shares closed last Thursday at $117.75.

According to TipRanks.com, Yaro is a 4-star analyst with an average return of 17.8% and a 62.7% success rate. Yaro covers the Financial sector, focusing on stocks such as Interactive Brokers, Evercore Partners, and Coinbase Global. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Robinhood with a $123.07 average price target, a 4.4% upside from current levels. In a report issued on September 9, Piper Sandler also maintained a Buy rating on the stock with a $120.00 price target.

Read More on ARX:

Disclaimer & DisclosureReport an Issue

• Accelerant partners with AF Specialty to boost risk exchange capacity
• Accelerant price target lowered to $22.50 from $34 at BMO Capital
• Accelerant Holdings Class A: Strategic Shift and Strong Performance Justify Buy Rating
• Accelerant Holdings Class A: Attractive Valuation Amid Shifting Investment Thesis and Partnership Diversification
• Accelerant Holdings Reports Strong Q2 Growth Amid FX Concerns