SiriusPoint (SPNT, Financial) has garnered attention from Oppenheimer as the firm initiates coverage on the insurance and reinsurance company. Analyst Michael Phillips has set a positive outlook for SiriusPoint with an 'Outperform' rating.
The analyst has announced a price target of $25.00 USD for SPNT, indicating confidence in the company's growth potential and market position. As of this coverage initiation date, June 26, 2025, this marks a new entry point for investors considering SPNT's future performance.
This initiation showcases Oppenheimer's favorable outlook for SiriusPoint, reflecting potential opportunities in the insurance sector and the strategic direction of the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for SiriusPoint Ltd (SPNT, Financial) is $20.00 with a high estimate of $20.00 and a low estimate of $20.00. The average target implies an downside of 3.40% from the current price of $20.71. More detailed estimate data can be found on the SiriusPoint Ltd (SPNT) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, SiriusPoint Ltd's (SPNT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" 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 SiriusPoint Ltd (SPNT, Financial) in one year is $17.20, suggesting a downside of 16.93% from the current price of $20.705. 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 SiriusPoint Ltd (SPNT) Summary page.
