Renaissancere Holdings Ltd Gets a Hold Rating from Wells Fargo

In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Renaissancere Holdings Ltd (NYSE: RNR), with a price target of $125. The company’s shares closed yesterday at $135.52.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 4.9% and a 54.3% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and United Insurance Holdings.

Renaissancere Holdings Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $143.

See today’s analyst top recommended stocks >>

The company has a one-year high of $152 and a one-year low of $116.50. Currently, Renaissancere Holdings Ltd has an average volume of 288.3K.

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RNR in relation to earlier this year.

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.

RenaissanceRe Holdings Ltd. engages in the provision of reinsurance and insurance services. It operates through the following segments: Property, Casualty and Specialty, and Other. The Property segment comprises of catastrophe, and other property reinsurance and insurance.