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Barclays Reaffirms Their Buy Rating on Reinsurance Group (RGA)

Tipranks - Tipranks - Sat May 9, 5:00AM CDT

Barclays analyst Alex Scott maintained a Buy rating on Reinsurance Group today and set a price target of $268.00.

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According to TipRanks, Scott is a 4-star analyst with an average return of 4.8% and a 49.87% success rate. Scott covers the Financial sector, focusing on stocks such as Corebridge Financial, Inc., Arthur J Gallagher & Co, and Lincoln National.

In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a $270.00 price target.

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Based on Reinsurance Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.34 billion and a net profit of $463 million. In comparison, last year the company earned a revenue of $5.2 billion and had a net profit of $148 million

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