W. R. Berkley Corp (NYSE:WRB) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Boasting a price of $58.73, W. R. Berkley Corp (NYSE:WRB) traded 0.65% lower on the day. With the last stock price up 0.57% relative to the 200-day average, compared with the S&P 500 Index which has fallen -0.01% over the same time. WRB has logged a 50-day average of $58.40 and two hundred day average of $56.64. Volume of trade was was up over the average, with 768,365 shares of WRB changing hands over the typical 379,489 shares.
Zacks Investment Research has upgraded W. R. Berkley Corp(NYSE:WRB) to Hold in a statement released 8/19/2016.
On 7/26/2016, Compass Point reported about W. R. Berkley Corp(NYSE:WRB) raised the target price from $55.00 to $60.00. At the time, this indicated a possible upside of 0.03%.
A total of 10 analysts have reported on W. R. Berkley Corp. Zero rate the stock a strong buy, one analyst rate the stock a buy, eight firms rate the stock a hold, three firms rate the company to underperform, and finally 0 analystsrate the company as sell with a 12-month target price of $52.90
With a market cap of $0.0, W. R. Berkley Corp has a 52 week low of $47.54 and a 52 week high of $60.08 with a price-earnings ratio of 15.
About W. R. Berkley Corp (NYSE:WRB)
W. R. Berkley Corporation is an insurance holding company. The Company operates in the three segments of the property casualty insurance business: Insurance-Domestic, Insurance-International and Reinsurance-Global. Its Insurance-Domestic segment includes commercial insurance business, including excess and surplus lines and admitted lines, primarily throughout the United States. Its Insurance-Domestic operating units underwrite commercial insurance business primarily throughout the United States. The Company’s Insurance-International segment includes insurance business primarily in the United Kingdom, Continental Europe, South America, Canada, Scandinavia, Asia and Australia. The Company’s Reinsurance-Global segment includes reinsurance business on a facultative and treaty basis, primarily in the United States, United Kingdom, Continental Europe, Australia, and the Asia-Pacific Region and South Africa.
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