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 range between the high target price and low target price is between 172 and 144 suggesting an average Analsyt target price of $160.55. Given that the stocks previous close was at $127.08 this would imply there is now a potential upside of 26.3%. Also worth taking note is the 50 day moving average now sits at $142.64 and the 200 day MA is $133.26. The market capitalization for the company is $8,409m. Find out more information at: https://www.rgare.com
The potential market cap would be $10,624m 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 2.51% with the ex dividend date set at 13-2-2023 (DMY).
Other points of data to note are a P/E ratio of 13.84, revenue per share of 243.02 and a 0.72% return on assets.
