Morgan Stanley (NYSE: MS) analyst Morgan Stanley maintained a hold rating on Renaissancere Holdings Ltd on Friday, setting a price target of $ 181, roughly 8.67% above its current share price of $ 166.56.
expects Renaissancere Holdings Ltd to post earnings per share (EPS) of $ 0.94 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is a moderate buy rating for shares in Renaissancere Holdings with an average price target of USD 200.67.
Analysts’ price targets range from a high of $ 229 to a low of $ 181.
In its most recent earnings report released on Sep. 30, 2020, the company had quarterly revenues of $ 1.33 billion and net income of $ 0. The company’s market capitalization is $ 9.13 billion.
According to TipRanks.com, Morgan Stanley analyst Morgan Stanley is currently rated 5 stars on a 0 to 5 star ranking with an average return of 5.2% and a success rate of 54.82%.
RenaissanceRe Holdings Ltd (NYSE: RNR). engages in the provision of reinsurance and insurance services. It operates in the following segments: property and casualty insurance and other. The real estate segment comprises catastrophe and other reinsurance and insurance. The accident and specialty segment deals with the reinsurance and insurance of accident and specialty insurance. The Others segment includes strategic investments, investment units, corporate expenses, capital service costs, and non-controlling interests. The company was founded on June 7, 1993 by Neill A. Currie and is headquartered in Pembroke, Bermuda.
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