Everest Group, Ltd. provides reinsurance and insurance products globally, with a market cap of $14.2 billion. Stock prices have fallen 11.5% over the past year and 5.3% YTD, underperforming the S&P 500. The company saw a 1% increase after releasing strong Q2 results, with an annualized operating ROE of 20%.
For FY 2025, analysts project EG to deliver an NOI per share of $45.51, a 52.6% increase YoY. The stock has a “Moderate Buy” rating from 17 analysts, with varying opinions. Recently, Keefe, Bruyette & Woods analyst Meyer Shields reiterated an “Outperform” rating and raised the price target to $416.
The mean price target for Everest Group is $388, representing a 13% premium, with a street-high target of $483 suggesting a 40.7% upside potential. The company has seen fluctuations in analyst recommendations over time, showing varying levels of optimism.
Read more at Yahoo Finance: Is Wall Street Bullish or Bearish on Everest Group Stock?
