Jefferies Analyst Reiterates Buy Rating on Everest Re, RE
Yaron Kinar analyst at Jefferies reiterates coverage on Everest Re (RE) in the Financial sector with a Buy rating. TipRanks.com has Kinar rated as a 3.4 star analyst with a 60% return on investment and a 5% success rate. Kinar has set a price target of $335.
TipRanks.com reports that Everest Re currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $329.75. The target pricing ranges from a high forecast of $353.00 down to a low forecast of $310.00. Everest Re (RE)’s last closing price was $260.65 which would put the average price target at 26.51% upside.
In addition, TradingView issued a Sell rating for RE over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on RE.
Other analysts covering RE include:
- Elyse Greenspan of Wells Fargo issued a Buy rating with the price target of $310 on 1 month ago
- Michael Phillips CFA of Morgan Stanley issued a Buy rating with the price target of $321 on 2 months ago
- Joshua Shanker of Bank of America Securities issued a Buy rating with the price target of $353 on 2 months ago
- Unknown Analyst of Wolfe Research issued a Buy rating with the price target of $330 on 4 months ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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