J.P. Morgan Maintains Buy Rating on Renaissancere Holdings with $303 Price Target

J.P. Morgan maintains a Buy rating on Renaissancere Holdings with a $303 price target. Analyst Jimmy Bhullar has a 6.6% average return and 57.46% success rate on recommended stocks. The analyst consensus is a Hold with an average price target of $285.71, representing a 20.24% upside. Corporate insider activity shows negative sentiment with an increase in insiders selling their shares.

J.P. Morgan analyst Jimmy Bhullar maintained a Hold rating on Corebridge Financial Inc. (CRBG) today, setting a price target of $40.00. The company's shares opened at $35.14. Bhullar, who covers the Financial sector, has an average return of 6.9% and a 59.64% success rate on recommended stocks [2].

The analyst consensus on CRBG is a Strong Buy with an average price target of $40.00, implying a 13.83% upside from current levels. Raymond James also maintained a Hold rating on the stock with a $0.00 price target [2].

Based on the latest earnings release, CRBG reported a quarterly revenue of $7.09 billion and a net profit of $2.17 billion, compared to last year's revenue of $2.81 billion and a GAAP net loss of $1.31 billion. The company's recent corporate insider activity indicates negative sentiment, with an increase in insiders selling their shares [2].

References:
[1] https://www.investing.com/news/analyst-ratings/goldman-sachs-initiates-nebius-group-stock-with-buy-rating-68-target-93CH-4132970
[2] https://www.theglobeandmail.com/investing/markets/stocks/CRBG-N/pressreleases/33304910/j-p-morgan-reaffirms-their-hold-rating-on-corebridge-financial-inc-crbg/
[3] https://finance.yahoo.com/news/exploring-3-undervalued-small-caps-113940581.html