Barclays Maintains an 'Overweight' on Reinsurance Group of America (RGA); Preview of Investor Day

Barclays maintains an 'Overweight' on Reinsurance Group of America (NYSE: RGA) price target of $64.00.

Analyst, Sarah DeWitt, said, "We view RGA's business as low risk compared to other life insurers due to less sensitivity to equity markets and interest rates. RGA could report a steady ROE of about 12% through 2013. As the company continues to generate consistent results, we expect the stock to be re-valued upward...We anticipate RGA could provide a long-term outlook of double-digit growth in both premiums and EPS beyond 2012, as well as a long-term ROE outlook of about 12%...RGA could reiterate its 2012 operating EPS guidance of $6.70-$7.30 which implies an 11%-12% operating ROE."

For an analyst ratings summary and ratings history on Reinsurance Group of America click here. For more ratings news on Reinsurance Group of America click here.

Shares of Reinsurance Group of America closed at $56.69 yesterday.

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