Mizuho analyst Yaron Kinar raised the firm’s price target on RenaissanceRe (RNR) to $318 from $313 and keeps a Neutral rating on the shares. The firm adjusted estimates and targets among its North America insurance coverage, stating that it is most constructive on brokers, expects commercial pricing pressure moderation among property and casualty insurers and believes the setup for life insurers is “the most challenging.”
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Read More on RNR:
- RenaissanceRe price target raised to $309 from $291 at Evercore ISI
- RenaissanceRe upgraded to Overweight from Neutral at Cantor Fitzgerald
- RenaissanceRe price target raised to $319 from $312 at UBS
- RenaissanceRe price target raised to $341 from $310 at Barclays
- RenaissanceRe price target raised to $327 from $323 at Keefe Bruyette