W. R. Berkley Corporation Reports Second Quarter Results
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W.R. Berkley (WRB) PT Lowered to $62 at CFRA
July 23, 2024 9:15 AM EDTCFRA analyst Catherine Seifert lowered the price target on W.R. Berkley (NYSE: WRB) to $62.00 (from $90.00) while maintaining a Buy rating.
The analyst comments "We change our 12-month target price to $62 from $90 to reflect the 7/11/24 3-for-2 stock split (to $60) and a post-split... More
RBC Capital Reiterates Sector Perform Rating on W.R. Berkley (WRB)
July 23, 2024 6:09 AM EDTRBC Capital analyst Scott Heleniak reiterated a Sector Perform rating and $57.00 price target on W.R. Berkley (NYSE: WRB)
The analyst comments "We viewed Q2 core underlying results showing stable trends with ongoing growth opportunities seen in E&S/specialty insurance classes. This was a... More
Goldman Sachs Reiterates Neutral Rating on W.R. Berkley (WRB)
July 23, 2024 5:55 AM EDTGoldman Sachs analyst Alex Scott reiterated a Neutral rating and $56.00 price target on W.R. Berkley (NYSE: WRB)
The analyst comments "WRB reported operating EPS of $1.04, beating GSe of $0.90 & VA Consensus of $0.92. We attribute $0.10 of the $0.12 beat versus VA Consensus to stronger net investment income (largely alts. & stronger Argentine inflation linked securities) and FX gains. A... More
