Analyst Ratings for Reinsurance Group of America Inc. (RGA)Updated: 2017-07-26
Reinsurance Group of America Inc. (NYSE:RGA) was awarded an average rating of Hold from investment analysts following the stock. RGA had previously received a consensus rating of Hold a month ago.
Of the 9 analysts covering the stock, 1 gave it a buy rating, 0 issued an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for RGA by the analysts covering the stock. The most optimistic analyst gave a price target of 147, which equates to a potential upside of 9.47 percent. The lowest price target was 120, which equates to a potential downside of -10.63 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.16 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.68 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
RGA has an estimated earnings growth rate of -19.83 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. RGA has a PEG ratio of -0.57.
RGA has a 52-week high of 136.59 and a 52-week low of 94.33. Today's price is 42.35 percent above the 52-week low, and 1.69 percent below the high. RGA has a P/E ratio of 11.36. Investors typically compare the P/E ratio to a company's peers in the industry. The RGA value stock report compares RGA to some of its peers using value stock charts. The stock has a market capitalization of $8.76 billion. RGA will post this quarters earnings in days, on 0000-00-00.