BofA Securities analyst Joshua Shanker maintains $RenaissanceRe Holdings (RNR.US)$ with a buy rating, and sets the target price at $391.
According to TipRanks data, the analyst has a success rate of 64.4% and a total average return of 11.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $RenaissanceRe Holdings (RNR.US)$'s main analysts recently are as follows:
The expectation is that third-quarter catastrophe losses will be manageable for property and casualty insurers, despite it being an active period for global catastrophe events. Models for the fourth quarter include provisional losses in anticipation of the impact from Hurricane Milton, although the actual extent of damage remains uncertain given the recent landfall of the storm. General adjustments in the sector are reflective of occurrences throughout the quarter, as well as alterations to various price-to-earnings multiples.
The outlook for the property and casualty sector continues to be positive as we head into the third-quarter reports. However, the current optimistic expectations, bullish sentiment, and valuations moderate the perspective on stocks within the sector. The continued strong pricing and defensive risk profile of the group are seen as significant advantages. Nonetheless, there is a belief that the anticipated margins for underwriters and sales growth for brokers may be on the optimistic side.
Property & Casualty insurance stocks performed well in the third quarter, attributable to a milder natural catastrophe season and strategic positioning, which led stocks to reach new highs. Despite the market dynamic shifts caused by Hurricane Helene and Hurricane Milton, decent third-quarter financial reports are anticipated across the underwriters.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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美银证券分析师Joshua Shanker维持$RenaissanceRe Holdings (RNR.US)$买入评级，目标价391美元。
根据TipRanks数据显示，该分析师近一年总胜率为64.4%，总平均回报率为11.3%。
此外，综合报道，$RenaissanceRe Holdings (RNR.US)$近期主要分析师观点如下：
预计第三季度灾难性损失对财产和意外险商来说将是可以控制的，尽管全球灾难事件活跃。第四季度模型包括预估受到飓风米尔顿影响的临时损失，尽管由于风暴最近登陆，实际损害程度仍不确定。该领域的一般调整反映了整个季度发生的事件，以及各种市盈率的调整。
随着我们进入第三季度报告，财产和意外险板块的前景继续保持积极态势。然而，当前的乐观预期、看涨情绪和估值调和了对该板块股票的看法。集团持续的强劲定价和防御性风险配置被视为重要优势。尽管如此，人们普遍认为保险承保人预期的利润率和经纪人销售增长可能过于乐观。
财产和意外险股票在第三季度表现良好，归功于较为温和的自然灾害季节和战略布局，使股票达到新高。尽管受飓风赫莲和飓风米尔顿引起的市场动态变化，预计保险承保人将出现不错的第三季度财报。
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