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Everest Re Group (RE) Stock Forecast, Price Target & Predictions

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RE Stock Forecast

Everest Re Group stock forecast is as follows: an average price target of $359.75 (represents a 2.41% upside from RE’s last price of $351.28) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

RE Price Target

The average price target for Everest Re Group (RE) is $359.75 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $385.00 to $344.00. This represents a potential 2.41% upside from RE's last price of $351.28.

RE Analyst Ratings

Buy

According to 4 Wall Street analysts, Everest Re Group's rating consensus is 'Buy'. The analyst rating breakdown for RE stock is 1 'Strong Buy' (25.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Everest Re Group Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 02, 2023Raymond James$385.00$356.338.05%9.60%
Nov 29, 2022Wells Fargo$365.00$332.959.63%3.91%
Nov 22, 2022Morgan Stanley$345.00$325.326.05%-1.79%
Jul 12, 2022Jefferies$344.00$280.1222.80%-2.07%

The latest Everest Re Group stock forecast, released on Feb 02, 2023 by Raymond James company, set a price target of $385.00, which represents a 8.05% increase from the stock price at the time of the forecast ($356.33), and a 9.60% increase from RE last price ($351.28).

Everest Re Group Price Target by Period

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$351.28$351.28$351.28
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Everest Re Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Everest Re Group's last price of $351.28. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jul 07, 2023Raymond JamesOutperformStrong BuyUpgrade
Feb 13, 2023Raymond JamesOutperformOutperformHold
Feb 02, 2023Raymond JamesOutperformInitialise
Nov 29, 2022Wells FargoOverweightOverweightHold
Nov 22, 2022Morgan StanleyOverweightOverweightHold
Jul 12, 2022JefferiesBuyBuyHold

Everest Re Group's last stock rating was published by Raymond James on Jul 07, 2023. The company Upgrade its RE rating from "Outperform" to "Strong Buy".

Everest Re Group Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RGAReinsurance Group of America$209.19$242.6716.00%Buy
RNRRenaissanceRe$255.19$287.0012.47%Buy

RE Forecast FAQ

Is Everest Re Group a good buy?

Yes, according to 4 Wall Street analysts, Everest Re Group (RE) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of RE's total ratings.

What is RE's price target?

Everest Re Group (RE) average price target is $359.75 with a range of $344 to $385, implying a 2.41% from its last price of $351.28. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Everest Re Group stock go up soon?

According to Wall Street analysts' prediction for RE stock, the company can go up by 2.41% (from the last price of $351.28 to the average price target of $359.75), up by 9.60% based on the highest stock price target, and down by -2.07% based on the lowest stock price target.

Can Everest Re Group stock reach $500?

RE's average twelve months analyst stock price target of $359.75 does not support the claim that Everest Re Group can reach $500 in the near future.