RBC Capital Starts Everest Group (EG) at Outperform

RBC Capital analyst Rowland Major initiates coverage on Everest Group (NYSE: EG) with a Outperform rating and a price target of $455.00.

The analyst comments "We are initiating coverage of Everest Group (EG) with an Outperform rating and $455 price target, based on 1.0x our 2027e BVPS estimate. Everest is in the midst of a turnaround, shedding underperforming and volatile lines of business that have clouded results. We expect this underwriting streamlining to continue, and do expect some bumps in the road (we see elevated risk of a reserve charge in 3Q26). This said, we believe growing investment income, stabilizing results and strong capital return are compelling at the current valuation."

For an analyst ratings summary and ratings history on Everest Group click here. For more ratings news on Everest Group click here.

Shares of Everest Group closed at $369.42 yesterday.

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