Barclays analyst Tracy Benguigui raised the firm’s price target on Reinsurance Group to $151 from $149 and keeps an Equal Weight rating on the shares. The company lowered its excess capital threshold to $700M-$800M from $1.4B at Q1, the analyst tells investors in a research note.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on RGA:
- Reinsurance Group sees medium-term EPS growth of 8%-10% CAGR
- ‘Load Up,’ Says Raymond James About These 3 ‘Strong Buy’ Stocks
- RGA Earnings this Week: How Will it Perform?
- Reinsurance Group initiated with an Overweight at Wells Fargo
- Reinsurance Group price target lowered to $164 from $170 at RBC Capital