RBC Capital Sticks to Their Buy Rating for Accelerant Holdings Class A (ARX)
RBC Capital analyst Rowland Mayor reiterated a Buy rating on Accelerant Holdings Class A yesterday and set a price target of $18.00. The company’s shares closed yesterday at $13.76.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Accelerant Holdings Class A with a $20.88 average price target, implying a 51.74% upside from current levels. In a report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $15.50 price target.
Based on Accelerant Holdings Class A’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $204.2 million and a net profit of $8.8 million.
Read More on ARX:
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- Accelerant price target lowered to $15 from $18 at Piper Sandler
- Accelerant Holdings Reports Significant Loss Amid Revenue Growth
- Accelerant Holdings Class A: Strong Performance and Promising Growth Prospects Drive Buy Rating
- Accelerant reports Q3 adjusted EPS 38c, consensus 21c
- ARX Earnings this Week: How Will it Perform?
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