FMP
Oct 08, 2025
Everest Group (NYSE:EG) is a prominent player in the insurance and reinsurance industry. The company provides a range of property and casualty insurance products, catering to both individual and corporate clients. Everest Group competes with other major insurers like AIG and Chubb, striving to offer competitive rates and comprehensive coverage options.
On October 8, 2025, Barclays reaffirmed its "Overweight" rating for Everest Group, indicating confidence in the stock's potential. At the time, EG was priced at $364.86. Barclays also increased its price target from $405 to $430, suggesting an optimistic outlook for the company's future performance.
Zacks Investment Research highlights Everest Group as a strong momentum stock. The Zacks Style Scores, which evaluate stocks based on value, growth, and momentum, suggest that EG is well-positioned to outperform the market in the next 30 days. This makes it an appealing choice for investors seeking to enhance their portfolios.
Currently, EG's stock is priced at $364.86, with a recent increase of $3.30, or 0.91%. The stock's trading range for the day has been between $361.88 and $368.07. Over the past year, EG has seen a high of $402.11 and a low of $320, reflecting its volatility and potential for growth.
Everest Group has a market capitalization of approximately $15.3 billion, indicating its significant presence in the industry. With a trading volume of 220,966 shares, the stock remains actively traded, attracting interest from investors looking to capitalize on its momentum and growth potential.
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