On July 7, 2025, RenaissanceRe Holdings (RNR, Financial), a leading provider in the reinsurance industry, received an updated analyst rating from Barclays. Analyst Alex Scott upgraded the stock rating from "Underweight" to "Equal-Weight." This marks a positive shift in sentiment towards RNR as the company is expected to show significant potential moving forward.
In addition to the rating upgrade, Barclays also raised the price target for RenaissanceRe Holdings (RNR, Financial) from $231.00 to $256.00. This adjustment represents a 10.82% increase from the prior price target, indicating confidence in the company's future performance.
The upgraded rating and increased price target are important indicators for investors, as they reflect Barclays' revised outlook on RNR's market position and growth prospects. The updated outlook suggests that RenaissanceRe Holdings (RNR, Financial) may continue to strengthen its market presence and deliver value to shareholders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for RenaissanceRe Holdings Ltd (RNR, Financial) is $277.90 with a high estimate of $440.00 and a low estimate of $231.00. The average target implies an upside of 15.36% from the current price of $240.90. More detailed estimate data can be found on the RenaissanceRe Holdings Ltd (RNR) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, RenaissanceRe Holdings Ltd's (RNR, Financial) average brokerage recommendation is currently 2.4, 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 RenaissanceRe Holdings Ltd (RNR, Financial) in one year is $283.14, suggesting a upside of 17.53% from the current price of $240.9. 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 RenaissanceRe Holdings Ltd (RNR) Summary page.
