Wells Fargo raised the firm’s price target on W. R. Berkley to $92 from $84 and keeps an Overweight rating on the shares. The firm notes the company reported Q4 EPS of $1.45, above Wells’ $1.32 and consensus of $1.38 higher investment income, lower cats, and better underlying results. Both gross and net premium written growth picked up to 11% and 12%, respectively.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on WRB:
- WRB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- W. R. Berkley price target raised to $87 from $85 at BofA
- W. R. Berkley downgraded to In Line from Outperform at Evercore ISI
- W. R. Berkley downgraded to Sector Perform from Outperform at RBC Capital
- W. R. Berkley declares 50c per share special cash dividend
