Barclays analyst Alex Scott maintains $Reinsurance Group of America (RGA.US)$ with a buy rating, and maintains the target price at $250.
According to TipRanks data, the analyst has a success rate of 66.1% and a total average return of 14.7% 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 sector, there are contrasting factors at play, with positive equity markets on one hand and declining interest rates on the other. Catastrophes are expected to be moderately above average, influenced by several significant storms in the U.S. For property and casualty insurers, underlying margins are anticipated to stay strong, and any updates regarding pricing are likely to be received positively, even amidst concerns of decelerating pricing in the property sector.
The life insurance sector presents a mixed outlook, with robust capital positions and fair valuations. Nonetheless, growth drivers are expected to moderate, suggesting that a selective approach will be necessary for investors aiming for success in the life insurance realm.
Note:
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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.
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