Goldman Sachs Downgrades XL Group plc (XL) to Neutral
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Price: $1.14 --0%
Rating Summary:
0 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
0 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs downgraded XL Group plc (NYSE: XL) from Buy to Neutral with a price target of $22, down from $26.
The form said while valuation is attractive at these levels, the company has some internal issues which could dilute or delay the benefit of better pricing for XL's growing Property-CAT exposure base.
For an analyst ratings summary and ratings history on XL Group plc click here. For more ratings news on XL Group plc click here.
Shares of XL Group plc closed at $19.93 yesterday.
The form said while valuation is attractive at these levels, the company has some internal issues which could dilute or delay the benefit of better pricing for XL's growing Property-CAT exposure base.
For an analyst ratings summary and ratings history on XL Group plc click here. For more ratings news on XL Group plc click here.
Shares of XL Group plc closed at $19.93 yesterday.
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