Piper Jaffray Initiates Reinsurance Group With Neutral

Analysts at Piper Jaffray initiated coverage on

with a Neutral rating. The target price for Reinsurance Group is set to $103. Reinsurance Group shares have gained 19.65 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent in the same period. Reinsurance Group's shares jumped 0.58 percent to close at $94.09 yesterday.