TD Cowen analyst Andrew Kligerman maintains $Reinsurance Group of America (RGA.US)$ with a hold rating, and adjusts the target price from $152 to $235.
According to TipRanks data, the analyst has a success rate of 73.8% and a total average return of 18.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Reinsurance Group of America (RGA.US)$'s main analysts recently are as follows:
The outlook appears robust for both life and property and casualty insurance sectors. In the life insurance segment, there are balancing forces at play with positive equity markets on one side and declining interest rates on the other. It is anticipated that catastrophe-related losses will be somewhat higher than average, following a series of significant storms in the U.S. Meanwhile, property and casualty insurers are expected to maintain strong underlying margins, and updates on pricing are likely to be received positively, even within the property sector where there are some concerns about slowing price increases.
The view on the life insurance sector is mixed, acknowledging that capital positions are considered robust and valuations appear fair. However, there is an expectation that growth drivers may decrease, suggesting that a selective approach will be necessary for investors to succeed in the life insurance market moving forward.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
