Stock To Watch: W.R. Berkley Corporation (NYSE:WRB)


The leading market experts have placed a mean price target of $56.70 on W.R. Berkley Corporation (NYSE:WRB) 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 $0.89 a share for the upcoming quarter and $3.42 for the current fiscal.

Technical View

The technical analysis of W.R. Berkley Corporation Common plainly substantiates that the 50-day moving average of W.R. Berkley Corporation Common is $58.65, and stock is trading $-0.70 points away or -1.19% from its 50-day moving average of $58.65. Further it is trading $2.28 or +4.10% away its 200-day moving average of $55.67. W.R. Berkley Corporation (NYSE:WRB) 52-week high is $60.08 and the 52-week low is $47.54.

This explains if the stock moves $-2.13, it will post a 52-week high. In event of +21.90% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of W.R. Berkley Corporation Common, 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, W.R. Berkley Corporation (NYSE:WRB) ratio came in at 15.20.

The stock last ended the trading session at $57.95 and registered a market cap of $7.11B. 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. W.R. Berkley Corporation (NYSE:WRB) PEG ratio is at 4.42.

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