White Mountains Insurance Group Upgraded by Zacks to “Neutral” (WTM)
White Mountains Insurance Group (NYSE:WTM) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Tuesday, Analyst Ratings Network.com reports. The firm currently has a $575.90 price objective on the stock. Zacks‘ price objective indicates a potential upside of 0.17% from the company’s current price.
Shares of White Mountains Insurance Group (NYSE:WTM) traded up 0.09% on Tuesday, hitting $575.45. 2,893 shares of the company’s stock traded hands. White Mountains Insurance Group has a 1-year low of $505.20 and a 1-year high of $615.88. The stock’s 50-day moving average is $578.0 and its 200-day moving average is $579.7. The company has a market cap of $3.554 billion and a P/E ratio of 15.81.
White Mountains Insurance Group (NYSE:WTM) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $4.26 EPS for the quarter, missing the Thomson Reuters consensus estimate of $5.51 by $1.25. The company had revenue of $489.30 million for the quarter, compared to the consensus estimate of $542.30 million. On average, analysts predict that White Mountains Insurance Group will post $22.55 earnings per share for the current fiscal year.
White Mountains Insurance Group, Ltd. conducts its businesses through its property and casualty insurance and reinsurance subsidiaries.
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