Wells Fargo analyst Elyse Greenspan maintained a Hold rating on Everest Re (RE) today and set a price target of $230. The company’s shares opened today at $237.79, close to its 52-week high of $239.48.
According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 4.9% and a 63.3% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, AXA Equitable Holdings Inc, and Marsh & Mclennan Companies.
Currently, the analyst consensus on Everest Re is a Hold with an average price target of $231.75.
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Based on Everest Re’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $378 million. In comparison, last year the company had a net profit of $208 million.
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Everest Re Group Ltd. is a holding company, which engages in the provision of reinsurance and insurance services. It operates through the following segments: U.S. Reinsurance, International, Bermuda, and Insurance.
