Zacks Research and
Truist have reduced their earnings estimates and target for
W.R. Berkley Co. (NYSE:WRB), despite maintaining a buy recommendation. The company's
Q1 investment funds have reportedly disappointed, leading to a drop in stock value. However, analysts anticipate a beat in
Q4 earnings and predict a strong
stock forecast and price target for 2024.
WRB's Q1 earnings and revenues have exceeded expectations, and it has witnessed a year-on-year rise in premiums. The firm's strong financials are considered to have guided its stock on an uptrend. Multiple sources back
WRB as a good choice for
growth,
value, and
momentum investors. Its composite rating has improved to 97. Nevertheless, some selling of
WRB stocks has been noticed by First Horizon Advisors, Swiss National Bank, and Zurcher Kantonalbank Zurich Cantonalbank. The company is expected to reveal interesting insights in its upcoming Q1 earnings report. Lastly, the firm has witnessed an increase in stock price since its last earnings report and is being recommended as an attractive bet for investors.
WR Berkley Stocks WRB News Analytics from Tue, 16 Jul 2019 07:00:00 GMT to Thu, 16 May 2024 18:00:19 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -5
