BofA raised the firm’s price target on W. R. Berkley (WRB) to $68 from $67 and keeps a Neutral rating on the shares. The firm’s 2026 estimate rises with the Q1 beat, while 2027 and 2028 forecasts drop modestly on lower-than-expected premium growth, the analyst tells investors.
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Read More on WRB:
- W. R. Berkley price target raised to $67 from $66 at Keefe Bruyette
- W. R. Berkley price target lowered to $64 from $66 at Wells Fargo
- W. R. Berkley price target raised to $64 from $62 at Barclays
- W. R. Berkley: Strong 1Q Beat and Capital Returns but Mixed Growth Limit Upside, Justifying Hold Rating
- W. R. Berkley reports Q1 operating EPS $1.30, consensus $1.14