Investment bank Jefferies has raised its price target for W. R. Berkley (WRB, Financial) from $57 to $66, while maintaining a Hold rating on the stock. The adjustment comes as the firm evaluates the impact of tariffs on the property and casualty insurance sector, noting that these pressures remain a manageable risk for companies with strong capitalization and defensive strategies.
The analysis highlights that auto insurers like W. R. Berkley have the capability to quickly adjust pricing in response to market changes. Despite concerns over inflation driving up loss costs, the company appears well-positioned within the commercial group. Jefferies notes that any tariff effects are likely to initiate stricter financial discipline.
For the first quarter, the firm anticipates no significant impact from tariffs and continues to view personal insurance lines favorably.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for WR Berkley Corp (WRB, Financial) is $67.67 with a high estimate of $80.00 and a low estimate of $52.12. The average target implies an upside of 0.84% from the current price of $67.11. More detailed estimate data can be found on the WR Berkley Corp (WRB) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, WR Berkley Corp's (WRB, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for WR Berkley Corp (WRB, Financial) in one year is $66.82, suggesting a downside of 0.43% from the current price of $67.11. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the WR Berkley Corp (WRB) Summary page.
