Wells Fargo analyst Elyse Greenspan maintained a Buy rating on Renaissancere Holdings (RNR – Research Report) today and set a price target of $263.00. The company’s shares closed last Friday at $196.11.
According to TipRanks, Greenspan is a 5-star analyst with an average return of 10.7% and a 61.49% success rate. Greenspan covers the Financial sector, focusing on stocks such as Allstate, Everest Group, and American International Group.
Renaissancere Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $251.29.
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RNR market cap is currently $10.04B and has a P/E ratio of 6.28.
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Renaissancere Holdings (RNR) Company Description:
RenaissanceRe Holdings Ltd. engages in the provision of reinsurance and insurance services. It operates through the following segments: Property, Casualty and Specialty, and Other. The Property segment comprises of catastrophe, and other property reinsurance and insurance. The Casualty and Specialty segment deals with casualty and specialty reinsurance and insurance. The Other segment includes strategic investments, investments unit, corporate expense, capital servicing costs, and non-controlling interests. The company was founded by Neill A. Currie on June 7, 1993 and is headquartered in Pembroke, Bermuda.
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