On May 22, 2025, Goldman Sachs analyst Robert Cox announced a revision in the rating for WR Berkley (WRB, Financial). The rating was downgraded from 'Buy' to 'Neutral', indicating a change in the firm's outlook on the stock.
Alongside this adjustment, the price target for WR Berkley (WRB, Financial) was raised from $74.00 to $76.00 USD. This new price target represents a 2.70% increase from the previous target, suggesting continued growth expectations, albeit with some caution.
The changes put forward by Goldman Sachs reflect a nuanced view of WR Berkley's (WRB, Financial) potential, considering various market dynamics and company performance indicators.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for WR Berkley Corp (WRB, Financial) is $70.68 with a high estimate of $80.00 and a low estimate of $52.47. The average target implies an downside of 1.76% from the current price of $71.94. More detailed estimate data can be found on the WR Berkley Corp (WRB) Forecast page.
Based on the consensus recommendation from 17 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 $67.95, suggesting a downside of 5.55% from the current price of $71.94. 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.