Morgan Stanley analyst Nigel Dally maintained a Sell rating on Reinsurance Group (RGA) today and set a price target of $134. The company’s shares closed yesterday at $147.69.
According to TipRanks.com, Dally is a 4-star analyst with an average return of 13.7% and a 62.9% success rate. Dally covers the Financial sector, focusing on stocks such as Brighthouse Financial Inc, Prudential Financial Inc, and Lincoln National Corp.
Reinsurance Group has an analyst consensus of Moderate Sell, with a price target consensus of $139.
See today’s analyst top recommended stocks >>
Reinsurance Group’s market cap is currently $9.3B and has a P/E ratio of 5.31. The company has a Price to Book ratio of 1.08.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Todd Larson, the SEVP, CFO of RGA sold 4,500 shares for a total of $672,165.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Reinsurance Group of America, Inc. is an insurance holding company, which engages in the provision of traditional and non-traditional life and health reinsurance products. It operates through the following segments: U.S. and Latin America; Canada; Europe, Middle East, and Africa; Asia Pacific; and Corporate and Other.
