BofA Securities analyst Joshua Shanker maintains $RenaissanceRe Holdings (RNR.US)$ with a buy rating, and sets the target price at $391.
According to TipRanks data, the analyst has a success rate of 64.4% and a total average return of 11.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $RenaissanceRe Holdings (RNR.US)$'s main analysts recently are as follows:
The expectation is that third-quarter catastrophe losses will be manageable for property and casualty insurers, despite it being an active period for global catastrophe events. Models for the fourth quarter include provisional losses in anticipation of the impact from Hurricane Milton, although the actual extent of damage remains uncertain given the recent landfall of the storm. General adjustments in the sector are reflective of occurrences throughout the quarter, as well as alterations to various price-to-earnings multiples.
The outlook for the property and casualty sector continues to be positive as we head into the third-quarter reports. However, the current optimistic expectations, bullish sentiment, and valuations moderate the perspective on stocks within the sector. The continued strong pricing and defensive risk profile of the group are seen as significant advantages. Nonetheless, there is a belief that the anticipated margins for underwriters and sales growth for brokers may be on the optimistic side.
Property & Casualty insurance stocks performed well in the third quarter, attributable to a milder natural catastrophe season and strategic positioning, which led stocks to reach new highs. Despite the market dynamic shifts caused by Hurricane Helene and Hurricane Milton, decent third-quarter financial reports are anticipated across the underwriters.
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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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美銀證券分析師Joshua Shanker維持$RenaissanceRe Holdings (RNR.US)$買入評級，目標價391美元。
根據TipRanks數據顯示，該分析師近一年總勝率為64.4%，總平均回報率為11.3%。
此外，綜合報道，$RenaissanceRe Holdings (RNR.US)$近期主要分析師觀點如下：
第三季度的大災難損失預期對財產和意外傷害保險商來說是可控的，儘管全球災難事件活躍。第四季度的模型包括因颶風米爾頓的影響而預期的損失，儘管由於風暴最近登陸，實際損失程度仍不確定。本季度的一般調整反映了板塊內發生的事件，以及各種市盈率的變化。
財產和意外傷害板塊的前景在我們進入第三季度報告之際仍然積極。然而，當前的樂觀預期、看好情緒和估值降低了對板塊股票的看法。集團持續強勁的定價和防禦性風險配置被視爲重要優勢。然而，有一種觀念認爲，承保人的預期利潤率和經紀人的銷售增長可能過於樂觀。
財產和意外傷害保險股在第三季度表現良好，歸因於較溫和的自然災害季節和戰略定位，導致股票達到新高。儘管颶風赫蓮和颶風米爾頓引起市場動態的變化，但預計承保人將在第三季度出現不錯的財務報告。
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