Everest Re Group (RE) Scheduled to Post Quarterly Earnings on Thursday
Everest Re Group (NYSE:RE) is scheduled to release its Q413 earnings data on Thursday, February 6th. Analysts expect Everest Re Group to post earnings of $4.50 per share and revenue of $1.25 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Everest Re Group (NYSE:RE) opened at 142.14 on Wednesday. Everest Re Group has a 1-year low of $116.50 and a 1-year high of $159.86. The stock’s 50-day moving average is $148. and its 200-day moving average is $146.1. The company has a market cap of $6.809 billion and a P/E ratio of 7.45.
A number of analysts have recently weighed in on RE shares. Analysts at Barclays raised their price target on shares of Everest Re Group from $168.00 to $174.00 in a research note to investors on Tuesday, January 7th. They now have an “overweight” rating on the stock. On a related note, analysts at Zacks downgraded shares of Everest Re Group from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 16th. They now have a $157.00 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Everest Re Group from a “neutral” rating to a “sell” rating in a research note to investors on Monday, December 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. Everest Re Group has a consensus rating of “Hold” and a consensus price target of $164.75.
Everest Re Group, Ltd. through its subsidiaries, is principally engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and international markets.
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