Barclays Affirms Everest Re Group Hold Rating

April 17, 2013

Everest Re Group logoBarclays Capital reissued their hold rating on shares of Everest Re Group in a research report released yesterday [Apr. 17], AnalystRatingsNetwork.com reports. Barclays Capital currently has a $122.00 price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at Macquarie downgraded shares of Everest Re Group from an outperform rating to a neutral rating in a research note to investors on Monday. Separately, analysts at Zacks upgraded shares of Everest Re Group from a neutral rating to an outperform rating in a research note to investors on Wednesday, April 10. They now have a $153.00 price target on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of Everest Re Group in a research note to investors on  February 12. They now have a $126.00 price target on the stock.

Everest Re Group, Ltd., through its subsidiaries, is principally engaged in the underwriting of reinsurance and insurance in the United States, Bermuda and international markets.

With offices in Wessex House, Everest Re Group is a Bermuda holding company which operates through a number of subsidiaries.

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