Everest Re (RE) Receives a Hold from Wells Fargo


In a report released today, Elyse Greenspan from Wells Fargo maintained a Hold rating on Everest Re (RE), with a price target of $250. The company’s shares opened today at $256.80, close to its 52-week high of $260.51.

According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 7.2% and a 68.6% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

Everest Re has an analyst consensus of Moderate Buy, with a price target consensus of $261.67.

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The company has a one-year high of $260.51 and a one-year low of $201.09. Currently, Everest Re has an average volume of 324.9K.

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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 the following segments: U.S. Reinsurance, International, Bermuda, and Insurance.

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