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


The leading market experts have placed a mean price target of $193.11 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 $3.10 a share for the upcoming quarter and $17.62 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 $178.06, and stock is hovering -3.52 or -1.98% distant from $178.06. It is noted that the 200-day MA is $184.34, and Everest Re Group, Ltd. Common S stock is $-9.80 or -5.32% off from this point. 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 $-25.44, it will post a 52-week high. In event of $+4.47% points 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 9.24. The stock last ended the trading session at $174.54 and registered a market cap of $7.39B. 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 -1.32.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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