Morgan Stanley (NYSE:MS) analyst Morgan Stanley maintained a Hold rating on Renaissancere Holdings Ltd on Tuesday, setting a price target of $196, which is approximately 12.03% above the present share price of $174.95.
expects Renaissancere Holdings Ltd to post earnings per share (EPS) of $0.94 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Renaissancere Holdings, with an average price target of $204.67.
The analysts price targets range from a high of $229 to a low of $189.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.33 billion and a net profit of $0. The company's market cap is $8.89 billion.
According to TipRanks.com, Morgan Stanley analyst Morgan Stanley is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 7.1% and a 58.29% success rate.
RenaissanceRe Holdings Ltd (NYSE:RNR). engages in the provision of reinsurance and insurance services. It operates through the following segments: Property, Casualty and Specialty, and Other. The Property segment comprises of catastrophe, and other property reinsurance and insurance. The Casualty and Specialty segment deals with casualty and specialty reinsurance and insurance. The Other segment includes strategic investments, investments unit, corporate expense, capital servicing costs, and non-controlling interests. The company was founded by Neill A. Currie on June 7, 1993 and is headquartered in Pembroke, Bermuda.