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Analysts at Raymond James raised their price target on shares of Reinsurance Group of America (NYSE:RGA) from $86.00 to $91.00 in a research report issued to clients and investors on Thursday. Raymond James’ price objective points to a potential upside of 15.09% from the company’s current price.

Reinsurance Group of America (NYSE:RGA) traded down 0.28% on Thursday, hitting $79.07. The stock had a trading volume of 357,103 shares. Reinsurance Group of America has a 52 week low of $63.95 and a 52 week high of $81.28. The stock’s 50-day moving average is $78.89 and its 200-day moving average is $77.16. The company has a market cap of $5.462 billion and a P/E ratio of 15.34.

Reinsurance Group of America (NYSE:RGA) last announced its earnings results on Thursday, April 24th. The company reported $1.61 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.73 by $0.12. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.53 billion. During the same quarter last year, the company posted $1.65 earnings per share. Reinsurance Group of America’s revenue was up 2.2% compared to the same quarter last year. On average, analysts predict that Reinsurance Group of America will post $7.74 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sterne Agee reiterated a “neutral” rating on shares of Reinsurance Group of America in a research note on Thursday. They now have a $86.00 price target on the stock, up previously from $84.00. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Reinsurance Group of America in a research note on Wednesday, July 9th. They now have a $80.00 price target on the stock, up previously from $76.00. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Reinsurance Group of America from $83.00 to $86.00 in a research note on Wednesday, July 9th. They now have a “market perform” rating on the stock. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $85.57.

Reinsurance Group of America, Incorporated (NYSE:RGA) is an insurance holding company.

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