Analysts have been eager to weigh in on the Financial sector with new ratings on Reinsurance Group (RGA – Research Report), Swiss Re AG (SSREF – Research Report) and Federated Hermes (FHI – Research Report).
Reinsurance Group (RGA)
RBC Capital analyst Scott Heleniak maintained a Buy rating on Reinsurance Group on November 3 and set a price target of $170.00. The company’s shares closed last Friday at $152.00, close to its 52-week high of $157.69.
According to TipRanks.com, Heleniak is a 3-star analyst with an average return of
Currently, the analyst consensus on Reinsurance Group is a Moderate Buy with an average price target of $166.22, representing a 7.3% upside. In a report issued on November 2, Wells Fargo also assigned a Buy rating to the stock with a $169.00 price target.
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Swiss Re AG (SSREF)
In a report released today, Hadley Cohen from Deutsche Bank maintained a Hold rating on Swiss Re AG, with a price target of CHF92.00. The company’s shares closed last Friday at $109.37, close to its 52-week high of $109.50.
According to TipRanks.com, Cohen is ranked #475 out of 8601 analysts.
Currently, the analyst consensus on Swiss Re AG is a Hold with an average price target of $105.29, implying a -3.7% downside from current levels. In a report issued on October 27, Barclays also maintained a Hold rating on the stock with a CHF90.00 price target.
Federated Hermes (FHI)
In a report issued on November 3, Kenneth Lee from RBC Capital maintained a Hold rating on Federated Hermes, with a price target of $34.00. The company’s shares closed last Friday at $32.74, close to its 52-week low of $30.23.
According to TipRanks.com, Lee is a 5-star analyst with an average return of
Currently, the analyst consensus on Federated Hermes is a Strong Buy with an average price target of $39.00.
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