Brokerage Firm Rating Update on Validus Holdings Ltd. (VR)

Validus Holdings Ltd. (VR) : The consensus on Validus Holdings Ltd. (VR) based on 4 analyst recommendation on the company stock is 2.5, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Validus Holdings Ltd. (VR) : 4 investment research analysts covering Validus Holdings Ltd. (VR) have an average price target of $49 for the near short term. The highest target price given by the Brokerage Firm to the stock is $51 and the lowest target is $44 for the short term. Analysts expect the variance to be within $3.37 of the average price.


Company shares have received an average consensus rating of Hold for the current week Also, JP Morgan initiates coverage on Validus Holdings Ltd. (NYSE:VR).The analysts at the brokerage house have a current rating of Overweight on the shares. The rating by the firm was issued on June 28, 2016.

Validus Holdings Ltd. (NYSE:VR): The stock opened at $50.83 and touched an intraday high of $51.43 on Wednesday. During the day, the stock corrected to an intraday low of $50.73, however, the bulls stepped in and pushed the price higher to close in the green at $51.41 with a gain of 0.92% for the day. The total traded volume for the day was 341,885. The stock had closed at $50.94 in the previous trading session.

Validus Holdings, Ltd. is a holding company. The Company, through its subsidiaries, is engaged in the global insurance and reinsurance. The Company operates in four segments: Validus Re, AlphaCat, Talbot and Western World. Validus Re is a Bermuda-based reinsurance segment focused on short tail lines of reinsurance. AlphaCat is a Bermuda-based investment adviser, managing capital from third parties and the Company in insurance linked securities and other investments in the property catastrophe reinsurance space. Talbot is a specialty insurance segment, primarily operating within the Lloyds insurance market through Syndicate 1183. Western World is a specialty excess and surplus lines insurance segment operating within the United States commercial market.

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