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Renaissancere Holdings (RNR) Receives a Hold from Barclays

Tipranks - Fri Feb 6, 8:02PM CST

In a report released on February 4, Alex Scott from Barclays maintained a Hold rating on Renaissancere Holdings, with a price target of $310.00. The company’s shares closed yesterday at $300.37.

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Scott covers the Financial sector, focusing on stocks such as Prudential Financial, Arthur J Gallagher & Co, and Allstate. According to TipRanks, Scott has an average return of 6.3% and a 50.31% success rate on recommended stocks.

Renaissancere Holdings has an analyst consensus of Hold, with a price target consensus of $304.54, which is a 1.39% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Hold rating on the stock with a $306.00 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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