JPMorgan Chase & Co. downgraded Reinsurance Group of America Inc (NYSE:RGA) to Neutral in a report released today.
- Updated: October 3, 2016
Yesterday Reinsurance Group of America Inc (NYSE:RGA) traded -0.58% lower at $107.23. The company’s 50-day moving average is $106.07 and its 200-day moving average is $98.72. The last closing price is up 8.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 203,899 shares of the stock traded hands, down from an average trading volume of 250,752
JPMorgan Chase & Co. has downgraded Reinsurance Group of America Inc (NYSE:RGA) to Neutral in a report released on 10/04/2016.
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Reinsurance Group of America Inc has a 52 week low of $76.96 and a 52 week high of $110.89 with a P/E ratio of 12.63 The company’s market cap is currently $0.
In addition to JPMorgan Chase & Co. reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $97.50 with 0 brokers 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 0 brokers rating the stock a sell.
General Information About Reinsurance Group of America Inc (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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