In the past months, there have been significant developments concerning
Everest Group Ltd (EG). The company has seen its price target raised multiple times, notably to
$416 from $405 by Keefe Bruyette and to
$371 from $362 twice by Wells Fargo, signaling increasingly bullish stances on EG's financial prospects. This was supported by Q2 earnings, which beat estimates and showcased a year-over-year increase in revenue. Numerous investment management firms have changed their positions in EG's shares, with some acquiring new or increasing existing stakes, while others have reduced their holdings. Particularly noteworthy are Bank of Nova Scotia's $9.37 million stock holdings and LSV Asset Management's massive $151.77 million stake. Meanwhile, EG has welcomed Jill Beggs as the new EVP and CEO of Reinsurance, potentially impacting the company's future strategic direction. Looking forward, Everest Group is set to hold its Q2 2025 earnings call on July 31, 2025.
Everest Group Ltd EG News Analytics from Wed, 08 Jan 2025 08:00:00 GMT to Sat, 09 Aug 2025 14:54:45 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor -3
