W.R. Berkley Corp [WRB] stock is trading at $60.94, up 1.25%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WRB shares have gain 1.16% over the last week, with a monthly amount glided 4.12%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
W.R. Berkley Corp [NYSE: WRB] stock has seen the most recent analyst activity on September 05, 2024, when Barclays initiated its Underweight rating and assigned the stock a price target of $56. Previously, TD Cowen started tracking the stock with Buy rating on July 01, 2024, and set its price target to $103. On June 13, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $83 on the stock. Evercore ISI downgraded its rating to a In-line and increased its price target to $79 on January 09, 2024. RBC Capital Mkts downgraded its rating to a Sector Perform but $73 remained the price target by the analyst firm on January 08, 2024. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on December 06, 2023, and upped its price target to $80. In a note dated March 15, 2023, BofA Securities upgraded an Buy rating on this stock and revised its target price from $77 to $76.
W.R. Berkley Corp [WRB] stock has fluctuated between $45.26 and $61.96 over the past year. Currently, Wall Street analysts expect the stock to reach $67.15 within the next 12 months. W.R. Berkley Corp [NYSE: WRB] shares were valued at $60.94 at the most recent close of the market. An investor can expect a potential return of 10.19% based on the average WRB price forecast.
Analyzing the WRB fundamentals
W.R. Berkley Corp [NYSE:WRB] reported sales of 13.19B for the trailing twelve months, which represents a growth of 12.20%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.2 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 60.23 points at the first support level, and at 59.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.39, and for the 2nd resistance point, it is at 61.85.
Ratios To Look Out For
For context, W.R. Berkley Corp’s Current Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 1.76, the price to book ratio is 2.76 and price to earnings (TTM) ratio is 15.63.
