Reinsurance Group of America, I which can be found using ticker (RGA) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 172 and 144 and has a mean target at $160.18. Now with the previous closing price of $135.00 this now indicates there is a potential upside of 18.7%. It’s also worth noting that there is a 50 day moving average of $140.31 while the 200 day moving average is $134.00. The company has a market capitalization of $8,897m. You can visit the company’s website by visiting: https://www.rgare.com
The potential market cap would be $10,557m based on the market consensus.
Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, Australia, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.
The company has a dividend yield of 2.4% with the ex dividend date set at 13-2-2023 (DMY).
Other points of data to note are a P/E ratio of 14.45, revenue per share of 243.02 and a 0.72% return on assets.
