RE - Shares of Everest Re Group Ltd. (RE) Rise Above Previous 52-Week High
Everest Re Group Ltd. (NYSE:RE) traded at a new 52-week high today of $294.06. Approximately 66,000 shares have changed hands today, as compared to an average 30-day volume of 208,000 shares.
In the past 52 weeks, shares of Everest Re Group Ltd. have traded between a low of $209.63 and a high of $294.06 and is now at $293.89, which is 40% above that low price.
Based on a current price of $293.89, Everest Re Group Ltd. is currently 50.2% above its average consensus analyst price target of $146.49.
Everest Re Group Ltd is an insurance and reinsurance company with a distribution network. The company's segments include: the U.S. Reinsurance segment that writes property and casualty reinsurance for large U.S. insurance companies and special lines of business comprising of Marine, Aviation, Surety, and Accident and Health business; the International segment, which focuses on several international reinsurance markets including Canada, Asia, Latin America, Brazil, Africa and the Middle East; the Bermuda segment that writes property and casualty reinsurance through Bermuda Re, the U.K. branch and Ireland Re; and the Insurance segment that writes insurance including property casualty insurance. The U.S. Reinsurance segment generates the majority of the revenue for the company.
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