In a report launched in the present day, Matthew Carletti from JMP Securities reiterated a Maintain ranking on Renaissancere Holdings (RNR – Analysis Report). The corporate’s shares closed yesterday at $219.25.
In response to TipRanks, Carletti is a 5-star analyst with a mean return of 11.3% and a 58.97% success price. Carletti covers the Monetary sector, specializing in shares equivalent to Amerisafe, Arch Capital Group, and Employers Holdings.
Renaissancere Holdings has an analyst consensus of Average Purchase, with a worth goal consensus of $263.00.
RNR market cap is at present $11.54B and has a P/E ratio of 4.19.
Primarily based on the current company insider exercise of fifty insiders, company insider sentiment is unfavourable on the inventory. Because of this over the previous quarter there was a rise of insiders promoting their shares of RNR in relation to earlier this 12 months.
TipRanks has tracked 36,000 firm insiders and located that a number of of them are higher than others in relation to timing their transactions. See which 3 shares are most certainly to make strikes following their insider actions.
Renaissancere Holdings (RNR) Firm Description:
RenaissanceRe Holdings Ltd. engages within the provision of reinsurance and insurance coverage providers. It operates by the next segments: Property, Casualty and Specialty, and Different. The Property phase contains of disaster, and different property reinsurance and insurance coverage. The Casualty and Specialty phase offers with casualty and specialty reinsurance and insurance coverage. The Different phase consists of strategic investments, investments unit, company expense, capital servicing prices, and non-controlling pursuits. The corporate was based by Neill A. Currie on June 7, 1993 and is headquartered in Pembroke, Bermuda.