UBS Securities announced Validus Holdings (NYSE:VR), bumping up its stock price target to $50.00 today
- Updated: September 23, 2016
Having a price of $50.42, Validus Holdings (NYSE:VR) traded -1.14% lower on the day. With the last close up 5.08% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Validus Holdings has recorded a 50-day average of $50.21 and a two hundred day average of $47.96. Volume of trade was down over the average, with 182,743 shares of VR changing hands under the typical 388,753
In a report released on 09/23/2016 UBS Securities increased the stock price target of Validus Holdings (NYSE:VR) to $50.00 stating a potential downside of -0.01%.
With a total market value of $0, Validus Holdings has price-earnings ratio of 10.74 with a one year low of $41.73 and a one year high of $51.43 .
A total of 8 analysts have released a research note on Validus Holdings. zero analysts rating the company a strong buy, four analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $48.50.
More About Validus Holdings (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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.