Stock To Watch: Everest Re Group, Ltd. (NYSE:RE)


The leading market experts have placed a mean price target of $196.71 on Everest Re Group, Ltd. (NYSE:RE) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $4.88 a share for the upcoming quarter and $16.49 for the current fiscal.

Technical View

The technical analysis of Everest Re Group, Ltd. Common S plainly substantiates that the 50-day moving average of Everest Re Group, Ltd. Common S is $182.44, and stock is trading $7.71 points away or +4.22% from its 50-day moving average of $182.44. Further it is trading $4.90 or +2.65% away its 200-day moving average of $185.24. Everest Re Group, Ltd. (NYSE:RE) 52-week high is $199.98 and the 52-week low is $167.07.

This explains if the stock moves $-9.83, it will post a 52-week high. In event of +13.81% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Everest Re Group, Ltd. Common S, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Everest Re Group, Ltd. (NYSE:RE) ratio came in at 10.64.

The stock last ended the trading session at $190.15 and registered a market cap of $7.96B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Everest Re Group, Ltd. (NYSE:RE) PEG ratio is at -1.59.

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