Mizuho Securities Remains a Hold on Everest Group (EG)
In a report released today, Yaron Kinar from Mizuho Securities maintained a Hold rating on Everest Group, with a price target of $365.00.
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According to TipRanks, Kinar is a 5-star analyst with an average return of 10.9% and a 65.37% success rate. Kinar covers the Financial sector, focusing on stocks such as Aon, Brown & Brown, and Renaissancere Holdings.
In addition to Mizuho Securities, Everest Group also received a Hold from Morgan Stanley’s Bob Huang in a report issued on April 6. However, on April 8, Barclays maintained a Buy rating on Everest Group (NYSE: EG).
Based on Everest Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.42 billion and a net profit of $446 million. In comparison, last year the company earned a revenue of $4.61 billion and had a GAAP net loss of $593 million
Read More on EG:
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- Everest Group price target raised to $380 from $377 at Barclays
- Everest Group price target lowered to $402 from $430 at Keefe Bruyette
- Everest Group: Portfolio Reshaping Creates a More Focused Reinsurer but Justifies a Neutral Hold Stance
- Everest Group Divests Canadian Retail Insurance to Wawanesa
- Wawanesa to acquire Everest Insurance Company of Canada
