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Analysts Are Neutral on Top Financial Stocks: Renaissancere Holdings (RNR), AllianceBernstein (AB)

Tipranks - Sat Mar 28, 4:32AM CDT

Analysts fell to the sidelines weighing in on Renaissancere Holdings (RNR) and AllianceBernstein (AB) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Renaissancere Holdings (RNR)

KBW analyst Meyer Shields maintained a Hold rating on Renaissancere Holdings yesterday and set a price target of $323.00. The company’s shares closed last Thursday at $295.95, close to its 52-week high of $300.00.

According to TipRanks.com, Shields is a 5-star analyst with an average return of 10.6% and a 64.4% success rate. Shields covers the Financial sector, focusing on stocks such as American Integrity Insurance Group, Inc., Skyward Specialty Insurance Group, Inc., and Hamilton Insurance Group, Ltd. Class B. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Renaissancere Holdings with a $312.33 average price target.

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AllianceBernstein (AB)

Barclays analyst Benjamin Budish maintained a Hold rating on AllianceBernstein today and set a price target of $41.00. The company’s shares closed last Thursday at $37.00.

According to TipRanks.com, Budish is a 5-star analyst with an average return of 7.9% and a 55.0% success rate. Budish covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for AllianceBernstein with a $40.50 average price target, implying an 8.7% upside from current levels. In a report issued on March 12, TD Cowen also maintained a Hold rating on the stock with a $40.00 price target.

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