Analysts Offer Insights on Financial Companies: Renaissancere Holdings (RNR) and Reinsurance Group (RGA)
Analysts fell to the sidelines weighing in on Renaissancere Holdings (RNR – Research Report) and Reinsurance Group (RGA – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Renaissancere Holdings (RNR)
In a report released today, Jimmy Bhullar from J.P. Morgan maintained a Hold rating on Renaissancere Holdings. The company’s shares closed last Wednesday at $300.48.
According to TipRanks.com, Bhullar is a 4-star analyst with an average return of
Currently, the analyst consensus on Renaissancere Holdings is a Hold with an average price target of $312.33, which is a 3.9% upside from current levels. In a report issued on February 26, Morgan Stanley also downgraded the stock to Hold with a $310.00 price target.
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Reinsurance Group (RGA)
In a report released yesterday, Andrew Kligerman from TD Cowen maintained a Hold rating on Reinsurance Group, with a price target of $215.00. The company’s shares closed last Wednesday at $210.83.
According to TipRanks.com, Kligerman is a 5-star analyst with an average return of
Reinsurance Group has an analyst consensus of Moderate Buy, with a price target consensus of $239.67, implying a 13.0% upside from current levels. In a report issued on February 21, TipRanks – Anthropic also downgraded the stock to Hold with a $244.00 price target.
