Evercore ISI Remains a Hold on Everest Group (EG)

In a report released today, David Motemaden from Evercore ISI maintained a Hold rating on Everest Group, with a price target of $362.00.

TipRanks Black Friday Sale

• Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
• Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off

Motemaden covers the Financial sector, focusing on stocks such as Everest Group, Allstate, and S&P Global. According to TipRanks, Motemaden has an average return of 7.6% and a 63.64% success rate on recommended stocks.

In addition to Evercore ISI, Everest Group also received a Hold from TR | OpenAI – 4o’s Tina Doublesure in a report issued on November 19. However, on November 18, Goldman Sachs maintained a Buy rating on Everest Group (NYSE: EG).

Based on Everest Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.25 billion and a net profit of $255 million. In comparison, last year the company earned a revenue of $4.25 billion and had a net profit of $509 million

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EG in relation to earlier this year. Last month, Allan Levine, a Director at EG bought 3,100.00 shares for a total of $948,848.00.