Everest Group (EG) Gets a Buy from Goldman Sachs

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Goldman Sachs analyst Tito Labarta maintained a Buy rating on Everest Group (EG – Research Report) today. The company’s shares closed last Friday at $395.14.

Labarta covers the Financial sector, focusing on stocks such as Banco Bradesco SA, Banco Santander Chile, and Bancolombia. According to TipRanks, Labarta has an average return of 0.5% and a 47.73% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Everest Group with a $433.00 average price target.

The company has a one-year high of $417.92 and a one-year low of $343.76. Currently, Everest Group has an average volume of 332.8K.

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Everest Group (EG) Company Description:

Everest Re Group Ltd is an insurance and reinsurance company with a distribution network. The company’s segments include: the U.S. Reinsurance segment that writes property and casualty reinsurance for large U.S. insurance companies and special lines of business comprising of Marine, Aviation, Surety, and Accident and Health business; the International segment, which focuses on several international reinsurance markets including Canada, Asia, Latin America, Brazil, Africa and the Middle East; the Bermuda segment that writes property and casualty reinsurance through Bermuda Re, the U.K. branch and Ireland Re; and the Insurance segment that writes insurance including property casualty insurance. The U.S. Reinsurance segment generates the majority of the revenue for the company.

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Everest Group (EG) Gets a Buy from Goldman Sachs

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