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Everest Re Group (RE) Looks Good: Stock Adds 5.1% in Session
Everest Re Group Ltd. was a big mover last session, as the company saw its shares rise above 5% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $169.21–$180.42 in the past one-month time frame.
In the last 30 days, the company has seen two downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Everest Re Group currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
EVEREST RE LTD Price
EVEREST RE LTD Price | EVEREST RE LTD Quote
A better-ranked Insurance-Property and Casualty stock is Markel Corp. (MKL - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
Is RE going up? Or down? Predict to see what others think: Up or Down
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