RenaissanceRe Holdings (RNR, Financial) has received a mixed update from Wells Fargo. On July 10, 2025, the analyst firm, represented by Elyse Greenspan, announced a downgrade of the company's rating from 'Overweight' to 'Equal-Weight'. Despite this rating downgrade, there was a slight increase in the price target.
The new price target for RenaissanceRe Holdings (RNR, Financial) is set at USD 269.00, up from the previous target of USD 267.00. This represents an increase of 0.75% in the price target, suggesting a degree of confidence in the stock's appreciation potential, despite the revised rating outlook.
These updates reflect Wells Fargo's current assessment of RNR, focusing on balancing potential growth with associated risks. Investors should keep an eye on this mixed signal as they consider RNR's position in their portfolios.
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 $280.30 with a high estimate of $440.00 and a low estimate of $237.00. The average target implies an upside of 17.85% from the current price of $237.85. 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 2.5, 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 19.04% from the current price of $237.845. 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.
