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XL Group plc (US:XL) target price dropped to $37.00, released a research note earlier today by Deutsche Bank

Deutsche Bank reduced the stock price target of XL Group plc (US:XL) to $37.00 indicating a possible downside of -0.09%.

Previously on Monday September 11, 2017, Buckingham Research released a statement for XL Group plc (US:XL) bumped up the target price from $0.00 to $42.00. At the time, this indicated a possible upside of 0.09%.

Having a price of $40.67, XL Group plc (US:XL) traded 1.43% higher on the day. With the last close down -2.15% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. XL Group plc has recorded a 50-day average of $39.74 and a two hundred day average of $42.16. Volume of trade was up over the average, with 3,400,092 shares of XL changing hands over the typical 2,284,200

Recent Performance Chart

XL Group plc (US:XL)

XL Group plc has 52 week low of $33.22 and a 52 week high of $47.27 with a PE ratio of 13.49 and has a market capitalization of $0.

A total of 16 brokerages have issued a ratings update on XL Group plc. Three brokerages rating the company a strong buy, eleven brokerages rating the company a buy, six brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $40.69.

About XL Group plc (US:XL)

XL Group Ltd, through its subsidiaries, operates as an insurance and reinsurance company worldwide. The company operates in two segments, Insurance and Reinsurance. The Insurance segment offers casualty programs comprising primary and excess casualty, environmental liability, and excess and surplus lines; energy, property, and construction insurance; professional lines, such as directorsÂ’, officersÂ’ liability, errors and omissions, employment practices, crime, fiduciary, technology, and cyber liability coverages; and specialty lines, including the aviation and satellite, marine, fine art and specie, equine, livestock and aquaculture, crisis management, political risk, trade credit and life, and accident and health insurance products. The Reinsurance segment provides casualty reinsurance products, including general and professional liability, and automobile liability and workersÂ’ compensation; property reinsurance products comprising property catastrophe, property risk excess of loss, and property proportional; specialty reinsurance products, such as energy, marine, aviation, and space; and other reinsurance products, including fidelity, surety, trade credit, accident and health, mortgage, and political risk. It also writes whole account capital gearing quota share contracts on select syndicates at Lloyd's. The company markets its products and services to the industrial, commercial, professional, and insurance companies, as well as other enterprises through international, national, and regional producers, acting as the brokers and representatives of policyholders. XL Group Ltd was founded in 1986 and is based in Hamilton, Bermuda.

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