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Analysts Offer Insights on Financial Companies: Accelerant Holdings Class A (ARX) and Blackstone Group (BX)

Tipranks - Fri Mar 20, 12:38PM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Accelerant Holdings Class A (ARX) and Blackstone Group (BX) with bullish sentiments.

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Accelerant Holdings Class A (ARX)

William Blair analyst Adam Klauber maintained a Buy rating on Accelerant Holdings Class A today. The company’s shares closed last Thursday at $11.35, close to its 52-week low of $9.18.

According to TipRanks.com, Klauber is a 1-star analyst with an average return of -3.2% and a 38.5% success rate. Klauber covers the Financial sector, focusing on stocks such as American Integrity Insurance Group, Inc., Skyward Specialty Insurance Group, Inc., and Ethos Technologies Inc. Class A. ;'>

Accelerant Holdings Class A has an analyst consensus of Strong Buy, with a price target consensus of $17.21, a 47.1% upside from current levels. In a report issued on March 16, Piper Sandler also maintained a Buy rating on the stock with a $13.00 price target.

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Blackstone Group (BX)

In a report released yesterday, Craig Siegenthaler from Bank of America Securities maintained a Buy rating on Blackstone Group, with a price target of $157.00. The company’s shares closed last Thursday at $111.17.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 14.1% and a 56.4% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Intercontinental Exchange, and Victory Capital Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Blackstone Group with a $159.18 average price target, representing a 42.2% upside. In a report issued on March 3, Evercore ISI also maintained a Buy rating on the stock with a $170.00 price target.

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