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WR Berkley Corp has a consensus price target of $71.84 based on the ratings of 19 analysts. The high is $103 issued by TD Cowen on July 1, 2024. The low is $56 issued by Barclays on September 4, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, Goldman Sachs, and B of A Securities on December 5, 2024, November 25, 2024, and October 22, 2024, respectively. With an average price target of $70 between Morgan Stanley, Goldman Sachs, and B of A Securities, there's an implied 11.20% upside for WR Berkley Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for WR Berkley (NYSE:WRB) was reported by Morgan Stanley on December 5, 2024. The analyst firm set a price target for $65.00 expecting WRB to rise to within 12 months (a possible 3.26% upside). 38 analyst firms have reported ratings in the last year.
The latest analyst rating for WR Berkley (NYSE:WRB) was provided by Morgan Stanley, and WR Berkley initiated their equal-weight rating.
The last upgrade for WR Berkley Corp happened on November 25, 2024 when Goldman Sachs raised their price target to $69. Goldman Sachs previously had a neutral for WR Berkley Corp.
The last downgrade for WR Berkley Corp happened on June 13, 2024 when Goldman Sachs changed their price target from $88 to $83 for WR Berkley Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of WR Berkley, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for WR Berkley was filed on December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.
While ratings are subjective and will change, the latest WR Berkley (WRB) rating was a initiated with a price target of $0.00 to $65.00. The current price WR Berkley (WRB) is trading at is $62.95, which is within the analyst’s predicted range.
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