Bank of America Securities Keeps Their Hold Rating on W. R. Berkley Corporation (WRB)
In a report released today, Joshua Shanker from Bank of America Securities maintained a Hold rating on W. R. Berkley Corporation, with a price target of $69.00.
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Shanker covers the Financial sector, focusing on stocks such as Progressive, American International Group, and Brown & Brown. According to TipRanks, Shanker has an average return of 8.0% and a 60.48% success rate on recommended stocks.
In addition to Bank of America Securities, W. R. Berkley Corporation also received a Hold from Mizuho Securities’s Yaron Kinar in a report issued on January 14. However, yesterday, TipRanks – Google reiterated a Buy rating on W. R. Berkley Corporation (NYSE: WRB).
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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- W. R. Berkley price target lowered to $76 from $78 at Cantor Fitzgerald
- W. R. Berkley price target raised to $69 from $67 at Mizuho
- W. R. Berkley price target raised to $68 from $66 at Wells Fargo
- W. R. Berkley increases share repurchase authorization to 25M shares
- W. R. Berkley price target lowered to $64 from $73 at Barclays
