Everest Group Ltd. (EG) on the New York Stock Exchange has been a buzz in the financial markets with considerable activity from different players. Recently, it has seen a significant increase in stake by notable asset management firms, such as
Invesco Ltd.,
Envestnet Asset Management Inc., and
National Bank of Canada FI. Amid the investment swirl,
LSV Asset Management and
Alliancebernstein L.P. trimmed their holdings in EG. The company's share price has experienced fluctuations with
Barclays adjusting its price target due to market uncertainty, while
Jefferies upgraded the group with a new target of $415, causing a rise in share price. Despite these upswings, the firm reached a new 52-week low, bringing its valuation into question. Nonetheless, the group has financial reports lined up, maintaining anticipation among investors. Highlights from their Q4 2024 Earnings Call report
strategic reserve strengthening and
strong income amidst challenges. EG has also announced critical board leadership transitions alongside preliminary commentary on full-year and fourth-quarter 2024 results. The group also unveiled dividend declarations while seeing a drop in short interest.
S&P 500 has set a crucial Q1 2025 earnings date for the Everest Group, sparking more interest.
Everest Group Ltd EG News Analytics from Thu, 10 Oct 2024 07:00:00 GMT to Sat, 12 Apr 2025 12:57:59 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -2
