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Bank of America Securities Remains a Buy on Everest Group (EG)

Tipranks - Sat Jan 17, 8:00AM CST

Bank of America Securities analyst Joshua Shanker maintained a Buy rating on Everest Group today and set a price target of $458.00.

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According to TipRanks, Shanker is a 5-star analyst with an average return of 8.0% and a 60.48% success rate. Shanker covers the Financial sector, focusing on stocks such as Progressive, American International Group, and Brown & Brown.

In addition to Bank of America Securities, Everest Group also received a Buy from KBW’s Meyer Shields in a report issued on January 13. However, yesterday, TipRanks – Google reiterated a Hold 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 57 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. Most recently, in October 2025, William Galtney, a Director at EG bought 11,385.00 shares for a total of $3,499,521.30.

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