Wells Fargo Reaffirms Their Hold Rating on Everest Re (RE)


In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Everest Re (RE), with a price target of $235. The company’s shares opened today at $215.72.

According to TipRanks.com, Greenspan is a 3-star analyst with an average return of 1.5% and a 52.2% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Everest Re with a $246.20 average price target.

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The company has a one-year high of $264.88 and a one-year low of $201.09. Currently, Everest Re has an average volume of 304.9K.

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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 four segments: U.S. Reinsurance, International, Bermuda and Insurance.

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