RBC Capital analyst Mark Dwelle maintained a Buy rating on W.R. Berkley Corp. on Friday, setting a price target of $90, which is approximately 19.02% above the present share price of $75.62.
Dwelle expects W.R. Berkley Corp. to post earnings per share (EPS) of $1.24 for the third quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in WR Berkley (NYSE:WRB), with an average price target of $88.4.
The analysts price targets range from a high of $92 to a low of $80.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.16 billion and a net profit of $0. The company's market cap is $13.41 billion.
According to TipRanks.com, RBC Capital analyst Mark Dwelle is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 59.42% success rate.
W.R. Berkley Corp. is an insurance holding company, which engages in the property casualty insurance business. It operates through the Insurance and Reinsurance & Monoline Excess segments. The Insurance segment includes excess and surplus lines, admitted lines, and specialty personal lines throughout the United States, as well as insurance business in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia and Australia. The Reinsurance & Monoline Excess segment is involved in the reinsurance business on a facultative and treaty basis, primarily in the United States, United Kingdom, Continental Europe, Australia, the Asia-Pacific region, and South Africa. The company was founded by William R. Berkley in 1967 and is headquartered in Greenwich, CT.