UBS Group restated their buy rating on shares of Greenlight Capital Re (NASDAQ:GLRE) in a report issued on Friday morning, www.benzinga.com reports. They currently have a $25.00 target price on the financial services provider’s stock, down from their prior target price of $27.00.
Several other equities research analysts have also recently commented on GLRE. TheStreet raised shares of Greenlight Capital Re from a c rating to a b- rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Greenlight Capital Re from a sell rating to a hold rating in a research note on Friday, November 3rd. ValuEngine lowered shares of Greenlight Capital Re from a hold rating to a sell rating in a research note on Saturday, December 9th. Finally, BidaskClub lowered shares of Greenlight Capital Re from a hold rating to a sell rating in a research note on Friday, December 15th. Three equities research analysts have rated the stock with a sell rating and one has given a buy rating to the stock. The company has an average rating of Hold and an average target price of $24.50.
Shares of Greenlight Capital Re (NASDAQ:GLRE) opened at $16.57 on Friday. Greenlight Capital Re has a 52-week low of $16.00 and a 52-week high of $23.40. The company has a market cap of $619.18, a PE ratio of -13.48 and a beta of 0.73.
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Greenlight Capital Re Company Profile
Greenlight Capital Re, Ltd. is a holding company. The Company analyzes its underwriting operations using two categories: frequency business, which is characterized as contracts containing a number of small losses emanating from multiple events, and severity business, which is characterized as contracts with the potential for significant losses emanating from one event or multiple events.
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