In the last three months, 9 analysts have published ratings on WR Berkley WRB, offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 4 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $84.11, with a high estimate of $95.00 and a low estimate of $73.00. Observing a 8.53% increase, the current average has risen from the previous average price target of $77.50.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive WR Berkley. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Market Perform | $85.00 | $80.00 |
| Brian Meredith | UBS | Raises | Buy | $93.00 | $81.00 |
| Michael Zaremski | BMO Capital | Raises | Market Perform | $81.00 | $71.00 |
| Mark Hughes | Truist Securities | Raises | Buy | $95.00 | $83.00 |
| Elyse Greenspan | Wells Fargo | Raises | Overweight | $92.00 | $84.00 |
| Scott Heleniak | RBC Capital | Raises | Sector Perform | $79.00 | $73.00 |
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Outperform | $80.00 | $79.00 |
| David Motemaden | Evercore ISI Group | Raises | In-Line | $79.00 | $69.00 |
| Scott Heleniak | RBC Capital | Announces | Sector Perform | $73.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to WR Berkley. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of WR Berkley compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of WR Berkley's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of WR Berkley's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on WR Berkley analyst ratings.
Unveiling the Story Behind WR Berkley
W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.
WR Berkley's Economic Impact: An Analysis
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: WR Berkley displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 6.99%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: WR Berkley's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 12.46%, the company may face hurdles in effective cost management.
Return on Equity (ROE): WR Berkley's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 5.53%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): WR Berkley's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.08%, the company may face hurdles in achieving optimal financial returns.
Debt Management: WR Berkley's debt-to-equity ratio surpasses industry norms, standing at 0.38. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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