RenaissanceRe Holdings Ltd. (NYSE:RNR) is considered one of the most undervalued quality stocks to buy now. Cantor Fitzgerald raised the price target to $282 from $252 on January 14. However, Wells Fargo lowered it to $281 from $285 the day before. Both firms emphasized the importance of monitoring insurance sector fundamentals and earnings results.

RenaissanceRe Holdings Ltd. (NYSE:RNR) offers reinsurance and insurance products in the US and internationally through its Property and Casualty & Specialty segments. While RNR shows potential as an investment, some believe that certain AI stocks may offer better returns with lower risks. Investors looking for undervalued AI stocks may benefit from a free report on the best short-term AI stock.

For more insights on potential stocks, readers can explore articles on 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. The article is originally published on Insider Monkey and does not contain any disclosures.

Read more at Yahoo Finance: Is RenaissanceRe Holdings (RNR) One of the Most Undervalued Quality Stocks to Buy Right Now?