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Analysts Offer Insights on Financial Companies: Renaissancere Holdings (RNR) and AllianceBernstein (AB)

Tipranks - Thu Apr 30, 10:36AM CDT

Analysts have been eager to weigh in on the Financial sector with new ratings on Renaissancere Holdings (RNR) and AllianceBernstein (AB).

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Renaissancere Holdings (RNR)

In a report released today, Joshua Shanker from Bank of America Securities maintained a Buy rating on Renaissancere Holdings. The company’s shares closed last Wednesday at $301.60.

According to TipRanks.com, Shanker is a 5-star analyst with an average return of 6.8% and a 60.0% success rate. Shanker covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, American International Group, and Marsh & McLennan Companies. ;'>

Renaissancere Holdings has an analyst consensus of Hold, with a price target consensus of $318.00, implying a 9.7% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Buy rating on the stock with a $340.00 price target.

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AllianceBernstein (AB)

In a report released today, Craig Siegenthaler from Bank of America Securities maintained a Hold rating on AllianceBernstein. The company’s shares closed last Wednesday at $39.70, close to its 52-week high of $41.37.

According to TipRanks.com, Siegenthaler is a 5-star analyst with an average return of 13.1% and a 56.6% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as Figure Technology Solutions, Inc. Class A, Intercontinental Exchange, and Victory Capital Holdings. ;'>

Currently, the analyst consensus on AllianceBernstein is a Hold with an average price target of $39.25, a 0.6% upside from current levels. In a report issued on April 14, TD Cowen also maintained a Hold rating on the stock with a $39.50 price target.

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