Deutsche Bank covered Reinsurance Group of America (NYSE:RGA), bumping its target to $112.00 earlier today
- Updated: October 19, 2016
Deutsche Bank raised the target price of Reinsurance Group of America (NYSE:RGA) to $112.00 reporting a potential upside of 0.02%.
Displaying a price of $110.03, Reinsurance Group of America (NYSE:RGA) traded -0.39% lower on the day. With the last close up 9.74% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Reinsurance Group of America has recorded a 50-day average of $108.16 and a two hundred day average of $99.87. Trading volume was down over the average, with 220,983 shares of RGA changing hands under the typical 261,300
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Reinsurance Group of America has a 52 week low of $76.96 and a 52 week high of $111.40 with a PE ratio of 12.90 RGA’s total market value is presently $0.
A total of 10 analysts have reported on the stock. 0 firms rating the stock a strong buy, 4 brokers rating the stock a buy, 6 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $97.50.
General Company Details For Reinsurance Group of America (NYSE:RGA)
Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. The Company provides traditional and non-traditional life and health reinsurance. The Company has geographic-based or function-based segments, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other. Its geographic-based operations are further segmented into traditional and non-traditional businesses. Its subsidiaries include Reinsurance Company of Missouri, Incorporated, RGA Americas Reinsurance Company, Ltd., RGA Reinsurance Company (Barbados) Ltd. and RGA Reinsurance Company of Australia Limited. Traditional reinsurance includes individual and group life and health, disability, and critical illness reinsurance. Non-traditional reinsurance includes longevity reinsurance and asset-intensive reinsurance. Its operations offer traditional life and health reinsurance, reinsurance of asset-intensive products, and financial reinsurance.
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