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W. R. Berkley Corporation (WRB) was downgraded to a Sell Rating at Evercore ISI

Tipranks - Thu Jan 8, 4:48AM CST

W. R. Berkley Corporation received a Sell rating and price target from Evercore ISI analyst David Motemaden today.

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According to TipRanks, Motemaden is a 4-star analyst with an average return of 7.7% and a 64.84% success rate. Motemaden covers the Financial sector, focusing on stocks such as Allstate, Everest Group, and S&P Global.

The word on The Street in general, suggests a Hold analyst consensus rating for W. R. Berkley Corporation with a $73.00 average price target.

Based on W. R. Berkley Corporation’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.77 billion and a net profit of $511.03 million. In comparison, last year the company earned a revenue of $3.4 billion and had a net profit of $365.63 million

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