These Analysts Revise Their Forecasts On WR Berkley Following Q3 Results
Avi Kapoor 1 week ago
MarketsTrading IdeasNewsAnalyst RatingsPrice Target
W.R. Berkley beat Q3 EPS estimates but missed revenue. Mizuho raised its target to $73; Evercore cut it to $69.
W. R. Berkley Corp (NYSE:WRB) reported mixed third-quarter financial results.
WR Berkley reported quarterly earnings of $1.17 per share which beat the analyst consensus estimate of $1.14 per share. The company reported quarterly sales of $3.739 billion which missed the analyst consensus estimate of $3.824 billion.
W.R. Berkley shares closed at $74.08 on Monday.
These analysts made changes to their price targets on W.R. Berkley following earnings announcement.
- Mizuho analyst Yaron Kinar maintained the stock with a Neutral and raised the price target from $70 to $73.
- Evercore ISI Group analyst David Motemaden maintained the stock with an Underperform rating and lowered the price target from $70 to $69.
Considering buying WRB stock? Here’s what analysts think:
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