Everest Group (RE) Stock Forecast, Price Target & Predictions
RE Stock Forecast
Everest 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 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
According to 4 Wall Street analysts, Everest 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 Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 02, 2023 | - | Raymond James | $385.00 | $356.33 | 8.05% | 9.60% |
| Nov 29, 2022 | - | Wells Fargo | $365.00 | $332.95 | 9.63% | 3.91% |
| Nov 22, 2022 | - | Morgan Stanley | $345.00 | $325.32 | 6.05% | -1.79% |
| Jul 12, 2022 | - | Jefferies | $344.00 | $280.12 | 22.80% | -2.07% |
The latest Everest 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 Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # 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 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 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 07, 2023 | Raymond James | Outperform | Strong Buy | Upgrade |
| Feb 13, 2023 | Raymond James | Outperform | Outperform | Hold |
| Feb 02, 2023 | Raymond James | - | Outperform | Initialise |
| Nov 29, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Nov 22, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 12, 2022 | Jefferies | Buy | Buy | Hold |
Everest 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".
RE Forecast FAQ
Is Everest Group a good buy?
Yes, according to 4 Wall Street analysts, Everest 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 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 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 Group stock reach $500?
RE's average twelve months analyst stock price target of $359.75 does not support the claim that Everest Group can reach $500 in the near future.