Analysts Offer Insights on Financial Companies: Chubb (CB), Ares Capital (ARCC) and Enova International (ENVA)

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Chubb (CB – Research Report), Ares Capital (ARCC – Research Report) and Enova International (ENVA – Research Report) with bullish sentiments.

Chubb (CB)

JMP Securities analyst Matthew Carletti reiterated a Buy rating on Chubb yesterday and set a price target of $250.00. The company’s shares closed last Tuesday at $195.52.

According to TipRanks.com, Carletti is a 4-star analyst with an average return of 3.8% and a 56.1% success rate. Carletti covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., Fidelis Insurance Holdings Ltd., and Heritage Insurance Holdings.

Chubb has an analyst consensus of Strong Buy, with a price target consensus of $235.38, implying a 17.7% upside from current levels. In a report issued on July 11, RBC Capital also maintained a Buy rating on the stock with a $245.00 price target.

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Ares Capital (ARCC)

In a report released yesterday, Devin Ryan from JMP Securities maintained a Buy rating on Ares Capital, with a price target of $20.00. The company’s shares closed last Tuesday at $19.41.

According to TipRanks.com, Ryan is a top 100 analyst with an average return of 16.7% and a 67.1% success rate. Ryan covers the Financial sector, focusing on stocks such as Perella Weinberg Partners, Apollo Global Management, and BlackRock TCP Capital.

Currently, the analyst consensus on Ares Capital is a Strong Buy with an average price target of $20.40, a 3.6% upside from current levels. In a report released yesterday, Citi also maintained a Buy rating on the stock with a price target.

Enova International (ENVA)

In a report released today, David Scharf from JMP Securities reiterated a Buy rating on Enova International, with a price target of $70.00. The company’s shares closed last Tuesday at $57.19, close to its 52-week high of $57.77.

According to TipRanks.com, Scharf is a 5-star analyst with an average return of 14.0% and a 57.6% success rate. Scharf covers the Financial sector, focusing on stocks such as International Money Express, Regional Management, and Atlanticus Holdings.

Currently, the analyst consensus on Enova International is a Moderate Buy with an average price target of $66.50, which is a 16.7% upside from current levels. In a report issued on July 11, Jefferies also maintained a Buy rating on the stock with a $63.00 price target.

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Read More on CB:

• Is CB a Buy, Before Earnings?
• Chubb price target raised to $250 from $241 at JPMorgan
• Chubb price target lowered to $237 from $248 at Piper Sandler
• Brown & Brown appoints Paul Krump, Bronislaw Masojada to board
• Philip Morris upgraded, Palantir downgraded: Wall Street’s top analyst calls