Analyst Bob Huang of Morgan Stanley maintained a Buy rating on Renaissancere Holdings, retaining the price target of $300.00.
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Bob Huang has given his Buy rating due to a combination of factors that highlight RenaissanceRe’s durable earnings profile despite uneven growth. He points out that property underwriting materially outperformed expectations, supported by an exceptionally low loss ratio and favorable prior-year reserve development, which together signal resilient profitability even when premium expansion lags.
He also emphasizes the company’s aggressive share repurchase activity, which exceeded Street assumptions and continued into early 2026, underscoring management’s confidence in intrinsic value and providing a tangible capital return. While acknowledging weaker results in the Casualty & Specialty segment, he views the pressure there as manageable relative to the strength in property and expects investors to refocus on the franchise’s core underwriting edge, making the current valuation appealing for long-term buyers.
In another report released on January 20, Citi also maintained a Buy rating on the stock with a $298.00 price target.