Reinsurance Group of America, I with ticker code (RGA) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 150 and 93 calculating the average target price we see 130.82. Given that the stocks previous close was at 117.29 this is indicating there is a potential upside of 11.5%. The 50 day moving average now sits at 117.24 and the 200 moving average now moves to 112.5. The company has a market capitalisation of $7,972m. You can visit the company’s website by visiting: https://www.rgare.com
The potential market cap would be $8,892m based on the market concensus.
Reinsurance Group of America, Incorporated engages in reinsurance business. It 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. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, it develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. The company 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.
