Everest Re Group, Ltd. (NYSE:RE) Reviewed By Analysts

20 Mai, 2017, 04:21 | Author: Marc Bacque

Deutsche Bank AG boosted their price objective on shares of XL Group from $38.00 to $39.00 and gave the company a "hold" rating in a research note on Friday, April 28th. The firm had revenue of $2.98 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same period previous year, the firm posted $5.19 earnings per share. They now have a United States dollars 748 price target on the stock. Everest Re Group has a 52-week low of $169.19 and a 52-week high of $258.30. Assetmark Inc. acquired a new position in shares of Everest Re Group during the first quarter worth approximately $142,000. Alpha One also assigned news coverage about the insurance provider an impact score of 86 out of 100, meaning that recent news coverage is very likely to have an effect on the company's share price in the near term.

Several research firms have recently commented on XL. Barclays PLC increased their target price on shares of Everest Re Group from $269.00 to $299.00 and gave the stock an "equal weight" rating in a report on Tuesday, April 25th. Equities analysts expect that Everest Re Group will post $20.49 EPS for the current fiscal year. Zacks Investment Research upgraded Everest Re Group from a "hold" rating to a "buy" rating and set a $263.00 price target for the company in a research note on Tuesday, April 18th.

Everest Re Group, Ltd. has a 50 day moving average of 240.65 and a 200 day moving average of 226.19. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. XL Group shares last traded at $42.91, with a volume of 2,373,029 shares trading hands. The stock presently has an average rating of "Hold" and a consensus target price of $42.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP John P. Doucette sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, April 27th. The shares were sold at an average price of $234.75, for a total transaction of $117,375.00. The stock was sold at an average price of $256.03, for a total value of $256,030.00. Following the completion of the sale, the director now owns 12,079 shares of the company's stock, valued at $2,835,545.25. The firm has a market capitalization of $10.08 billion, a price-to-earnings ratio of 9.16 and a beta of 0.49. The disclosure for this sale can be found here.

Hope good sense prevails and Pakistan frees Jadhav: CPI
The resolution further reads that it was foolish on government's part to accept jurisdiction of the ICJ in this matter. Meanwhile, Pakistan said the ICJ's decision has not changed the status of Jadhav's case in any manner.

Big-spending Aussie Budget is supported by hefty taxes
Mr Morrison has not said whether he still intends to return to surplus by 2021, a key pledge he made a year ago . The budget deficit will be $29.4 billion in 2017-18, improving to a surplus of $7.4 billion by 2020-21.

Oil up on falling U.S. inventories
Global benchmark Brent crude, according to Reuters news agency, settled up $1.49 a barrel, or 3 per cent, to $50.22 a barrel. Crude prices rose further in Asia on Thursday, building on overnight gains following an upbeat report on USA inventories.

TRADEMARK VIOLATION WARNING: This piece of content was posted by BBNS and is the property of of BBNS. In the last quarter, insiders sold 5,500 shares of company stock worth $1,285,405. Numeric Investors LLC increased its position in shares of Everest Re Group by 53.8% in the fourth quarter. Ltd. now owns 132,089 shares of the insurance provider's stock valued at $28,582,000 after buying an additional 128,031 shares during the last quarter. IFP Advisors Inc now owns 509 shares of the insurance provider's stock worth $119,000 after buying an additional 8 shares during the last quarter. FIL Ltd purchased a new stake in XL Group during the fourth quarter worth approximately $133,187,000. If you are accessing this article on another site, it was stolen and republished in violation of U.S. and global trademark & copyright laws. Hedge funds and other institutional investors own 91.37% of the company's stock.

Everest Re Group Company Profile Everest Re Group, Ltd., through its subsidiaries, is engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and global markets. The Company's principal businesses are conducted through its insurance subsidiaries and other affiliates. The OneBeacon segment consists of the operations of OneBeacon Insurance Group, Ltd. (OneBeacon Ltd.), which owns a family of property and casualty insurance companies, and Split Rock Insurance, Ltd.



Strasbourg et Amiens en L1
Rapidement menés 0-2, les Troyens ont réussi à renverser la vapeur avec des buts signés Darbion (60e), Nivet (78e) et Niane (88e). Dernière journée de Ligue 2, ce vendredi (20h30), avec six équipes qui peuvent encore espérer accéder à la Ligue 1.

Oil prices continue their advance as focus shifts to API supply report
According to estimates from global pricing company S&P Global Platts, Kuwaiti crude oil producing has been relatively stable. Brent crude is still about $3 per barrel below where it started the year and about 7 percent below the late February peak.

Kevin Mayer et Ryad Boudebouz honorés — Montpellier
L'international algérien n'aura passé que deux saisons dans l'Hérault, mais son passage aura fortement marqué le club pailladin. Ryad Boudebouz devrait quitter Montpellier cet été.

Chinese Investment in exchange of EB-5 Visas
The reforms included efforts to revive that the program's original intent of providing investment in rural and distressed urban areas.

Alaska Legislature faces more time as session deadline looms
Over the last month, work has continued, particularly in the House, on bills not related to the budget or a fiscal fix. Options include extending for another 10 days, which requires two-thirds support in each chamber, or looking to Gov.

Tite convoque Jemerson et David Luiz — Brésil
Ce vendredi, Tite , le sélectionneur du Brésil, a annoncé sa liste de joueurs sélectionnés pour les matchs amicaux de juin. Marquinhos n'est bien sûr pas mis de côté à cause d'un problème de performance, mais pour être laissé au repos.

Memo: Trump Discussed Imprisoning Reporters With Comey
Rosenstein". "But I still need to speak with him...evidently has a new #", Rep. Asked if he had confidence in Trump, Ryan said , "I do".

Jose Mourinho says Manchester United's last Premier League game should be moved
Romero insisted after his star turn that the Europa League final in Stockholm is the club's biggest match of the season as they look to book a Champions League spot for next term.

FM to chair GST Council meet in Srinagar on Friday
Dar said the business community and the people would fight tooth and nail to oppose GST implementation in the State. Chief Minister Naveen Patnaik said the uniform tax system across the country would benefit the customers.

Simona Halep contre Kiki Bertens en demi-finale à Rome — Tennis
L'Américaine Venus Williams , 12e joueuse mondiale, a pour sa part vaincu en trois sets de 6-1, 3-6 et 6-1 la Britannique Johanna Konta (6e).