BGB Securities Comments On Argo Group International (AGII)

BGB Securities provided color on Argo Group International AGII in a research report published today. BGB Securities has previously given Argo Group International a Buy rating and $37 price target. In the report, BGB Securities states, "While there remains plenty of room to the upside, we believe investors will be extra cautious over the next few quarters and will likely demand much more upside to take on the risk of owning heavily CAT exposed insurers." Shares of Argo Group International were trading at $30.27 at the time of posting, down 1.59% from Tuesday's market close.