A report released today by Zacks Investment Research about Validus Holdings, Ltd. (NYSE:VR) bumps the target price to $58.00
- Updated: October 14, 2016
Indicating a possible upside of 0.12%, Zacks Investment Research increased the stock price target of Validus Holdings, Ltd. (NYSE:VR) to $58.00
On 09/23/2016, UBS Securities released a statement on Validus Holdings, Ltd. (NYSE:VR) upped the target price from $0.00 to $50.00 that suggested a downside of -0.01%.
Having a price of $51.64, Validus Holdings, Ltd. (NYSE:VR) traded -0.84% lower on the day. With the last close up 6.61% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VR has recorded a 50-day average of $50.40 and a two hundred day average of $48.44. Trading volume was up over the average, with 459,415 shares of VR changing hands over the typical 417,206
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Validus Holdings, Ltd. has a 52 week low of $41.73 and a 52 week high of $52.39 with a PE ratio of 11.00 VR’s total market value is presently $0.
A total of 8 brokerages have issued a ratings update on Validus Holdings, Ltd.. 0 analysts rating the company a strong buy, 4 firms rating the stock a buy, six equity analysts rating the stock a hold, 0 brokers rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $48.50.
Brief Synopsis On Validus Holdings, Ltd. (NYSE:VR)
Validus Holdings, Ltd. is a holding company. The Company conducts its operations through four operating segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. AlphaCat is an investment advisor managing capital from third parties and the Company in insurance linked securities and other investments in the property catastrophe reinsurance space. Talbot is a specialty insurance segment operating within the Lloyd's insurance market through Syndicate 1183. Western World is a specialty excess and surplus lines insurance segment operating within the United States commercial market. Validus Re operates primarily through approximately two reinsurance companies, including Validus Reinsurance, Ltd. and Validus Reinsurance (Switzerland) Ltd. (Validus Re Swiss). The AlphaCat segment operates through AlphaCat Managers, Ltd. that leverages the Company's underwriting and analytical expertise for third party investors.
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