Best Insurance Stock - W.R. Berkley insurance stock Rating prices target : Zacks reiterated their neutral rating on shares of W.R. Berkley (NYSE: WRB) in a research note issued to investors on Wednesday. The firm currently has a $41.00 target price on the stock.
Zacks’ analyst wrote, “Berkley posted third-quarter earnings ahead of the Zacks Consensus Estimates on the back of higher premium written, pricing gains, higher investment income and a lower share count. Year-to-date, the company has performed favorably and we expect the trend to continue. Berkley is witnessing stable retention and a general rate hike for the seventh consecutive quarter.
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