Zacks Investment Research downgraded W. R. Berkley Corp (NYSE:WRB) to Hold in a report released today.
- Updated: October 7, 2016
Just yesterday W. R. Berkley Corp (NYSE:WRB) traded 0.00% even at $57.65. W. R. Berkley Corp’s 50-day moving average is $57.97 and its 200-day moving average is $57.16. The last closing price is up 0.86% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 476,253 shares of WRB traded hands, up from an average trading volume of 368,651
Zacks Investment Research has downgraded W. R. Berkley Corp (NYSE:WRB) to Hold in a report released on 10/7/2016.
Previously on Tuesday September 27, 2016, Zacks Investment Research reported on W. R. Berkley Corp (NYSE:WRB) increased the target price from $0.00 to $64.00. At the time, this indicated a possible upside of 0.11%.
Recent Performance Chart
W. R. Berkley Corp has 52 week low of $47.54 and a 52 week high of $60.08 with a PE ratio of 15.12 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokers have issued a research note on the company. The average stock price target is $52.90 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 8 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On 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, the Asia-Pacific Region and South Africa.
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