Reinsurance Group of America (RGA) to Release Quarterly Earnings on Tuesday
Reinsurance Group of America (NYSE:RGA) will be issuing its Q313 quarterly earnings data on Tuesday, October 29th. Analysts expect the company to announce earnings of $1.84 per share and revenue of $2.45 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Shares of Reinsurance Group of America (NYSE:RGA) opened at 70.43 on Monday. Reinsurance Group of America has a 52 week low of $48.36 and a 52 week high of $73.32. The stock has a 50-day moving average of $66.31 and a 200-day moving average of $64.24. The company has a market cap of $4.999 billion and a P/E ratio of 10.33.
Several analysts have recently commented on the stock. Analysts at Keefe, Bruyette & Woods downgraded shares of Reinsurance Group of America from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, October 21st. On the ratings front, analysts at UBS AG raised their price target on shares of Reinsurance Group of America from $75.00 to $80.00 in a research note to investors on Wednesday, September 25th. They now have a “buy” rating on the stock. Finally, analysts at Zacks downgraded shares of Reinsurance Group of America from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, September 20th. They now have a $60.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $71.00.
Reinsurance Group of America, Incorporated (NYSE:RGA) is an insurance holding company.
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