Morgan Stanley Keeps Their Hold Rating on WR Berkley (WRB)
In a report released today, Kai Pan from Morgan Stanley maintained a Hold rating on WR Berkley (WRB), with a price target of $73. The company’s shares opened today at $72.20.
According to TipRanks.com, Pan is a 3-star analyst with an average return of 1.0% and a 51.4% success rate. Pan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.
WR Berkley has an analyst consensus of Hold, with a price target consensus of $75.
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The company has a one-year high of $79.92 and a one-year low of $65.85. Currently, WR Berkley has an average volume of 425.8K.
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W.R. Berkley Corp. is an insurance holding company, which engages in the property casualty insurance business. It operates through the Insurance and Reinsurance segments.