Reinsurance Group of America, I with ticker code (RGA) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 172 and 144 with the average target price sitting at $160.55. Given that the stocks previous close was at $130.20 and the analysts are correct then there would likely be a percentage uptick in value of 23.3%. It’s also worth noting that there is a 50 day moving average of $141.75 and the 200 moving average now moves to $133.33. The company has a market cap of $8,795m. Find out more information at: https://www.rgare.com
The potential market cap would be $10,846m 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 2.43% with the ex dividend date set at 13-2-2023 (DMY).
Other points of data to note are a P/E ratio of 14.28, revenue per share of 243.02 and a 0.72% return on assets.
