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Stock analysts at JMP Securities upped their price objective on shares of Partnerre (NYSE:PRE) from $115.00 to $124.00 in a report issued on Monday. The firm currently has an “outperform” rating on the stock. JMP Securities’ price target would suggest a potential upside of 13.21% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of Partnerre from a “neutral” rating to an “outperform” rating in a research note on Friday. They now have a $130.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Partnerre from $117.00 to $119.00 in a research note on Monday, June 30th. They now have an “overweight” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Partnerre from $98.00 to $104.00 in a research note on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $112.18.

Partnerre (NYSE:PRE) traded up 0.27% during mid-day trading on Monday, hitting $109.53. 285,151 shares of the company’s stock traded hands. Partnerre has a 1-year low of $85.98 and a 1-year high of $112.11. The stock’s 50-day moving average is $108.8 and its 200-day moving average is $103.4. The company has a market cap of $5.533 billion and a P/E ratio of 8.76.

Partnerre (NYSE:PRE) last released its earnings data on Monday, April 28th. The company reported $3.36 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.56 by $0.80. The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter in the prior year, the company posted $3.39 earnings per share. The company’s quarterly revenue was up 6.2% on a year-over-year basis. Analysts expect that Partnerre will post $11.08 EPS for the current fiscal year.

PartnerRe Ltd. (NYSE:PRE) is the ultimate holding company for its international reinsurance group.

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