TD Cowen Reaffirms Their Hold Rating on Renaissancere Holdings (RNR)
In a report released yesterday, Andrew Kligerman from TD Cowen maintained a Hold rating on Renaissancere Holdings, with a price target of $280.00. The company’s shares closed yesterday at $274.07.
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According to TipRanks, Kligerman is a 5-star analyst with an average return of 10.4% and a 64.46% success rate. Kligerman covers the Financial sector, focusing on stocks such as Neptune Insurance Holdings, Inc. Class A, Willis Towers Watson, and Berkshire Hathaway B.
The word on The Street in general, suggests a Hold analyst consensus rating for Renaissancere Holdings with a $308.36 average price target, implying a 12.51% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a $304.00 price target.
Based on Renaissancere Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.19 billion and a net profit of $916.51 million. In comparison, last year the company earned a revenue of $3.97 billion and had a net profit of $1.18 billion
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- RenaissanceRe price target raised to $304 from $278 at Barclays
- RenaissanceRe price target raised to $267 from $250 at Goldman Sachs
- RenaissanceRe price target raised to $283 from $250 at Evercore ISI
- RenaissanceRe price target raised to $329 from $303 at JPMorgan
- RenaissanceRe price target raised to $314 from $270 at Keefe Bruyette
