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The latest update is out from Everest Group ( (EG) ).
Everest Group, Ltd. announced the upcoming retirement of Ricardo Anzaldua, its Executive Vice President and General Counsel, who has been instrumental in the company’s growth since joining in June 2023. The company has started the search for his successor, with Anzaldua remaining in his role to ensure a smooth transition, reflecting the company’s focus on maintaining value for stakeholders.
The most recent analyst rating on (EG) stock is a Buy with a $375.00 price target. To see the full list of analyst forecasts on Everest Group stock, see the EG Stock Forecast page.
Spark’s Take on EG Stock
According to Spark, TipRanks’ AI Analyst, EG is a Outperform.
Everest Group’s overall stock score reflects its stable financial position and strong earnings performance, particularly in the Reinsurance segment. The technical indicators support a positive short-term outlook, while the valuation suggests the stock is fairly priced. Despite some challenges in the Insurance segment, the company’s strategic focus and capital management efforts position it well for future growth.
To see Spark’s full report on EG stock, click here.
More about Everest Group
Everest Group, Ltd. is a global underwriting leader offering property, casualty, and specialty reinsurance and insurance solutions. With a 50-year history of disciplined underwriting, the company is committed to addressing the challenges of its customers and is a component of the S&P 500 index.
Average Trading Volume: 337,525
Technical Sentiment Signal: Hold
Current Market Cap: $14.49B
See more data about EG stock on TipRanks’ Stock Analysis page.