W.R. Berkley (WRB) has seen a myriad of bullish news, from performing well against the
Dow and the
S&P 500 to gaining huge support from reputable financial institutions. Multiple
fund management groups like Principal Financial Group, Principal Financial Group and MML Investors Services LLC have increased their stakes in WRB. The stock has been enjoying a positive rally, rising
15.8% in 6 months and its value is recognised by experts for its strong growth dynamics, backed by
elevated earnings valuations. A Q3 earnings that beat estimates further fuelled the positive sentiment. Goldman has also upgraded WRB, noting strong E&S pricing trends. Notwithstanding, analysts’ varying views on the stock have resulted in diverging targets and ratings, from Barclays’ underweight with a $56 target, Keefe maintaining a Market Perform, to StockNews.com upgrading it to buy status. The company declared both special and regular quarterly cash dividends, with a 9.1% regular quarterly cash dividend increase, announced a 3-for-2 stock split, and recently posted a bullish Q3 results. As of now, the company has demonstrated robust potential for growth and value expansion.
WR Berkley Stocks WRB News Analytics from Thu, 28 Jun 2018 15:05:47 GMT to Sat, 21 Dec 2024 18:05:38 GMT -
Rating 8
- Innovation 5
- Rumor 2
