Everest Group (NYSE:EG) Price Target Raised to $450.00

Everest Group (NYSE:EG) had its price objective increased by investment analysts at Keefe, Bruyette & Woods from $407.00 to $450.00 in a note issued to investors on Wednesday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods‘s target price indicates a potential upside of 9.48% from the company’s current price.

Other research analysts also recently issued research reports about the company. UBS Group boosted their price target on Everest Group from $395.00 to $423.00 and gave the company a “neutral” rating in a report on Monday. Mizuho dropped their price objective on Everest Group from $416.00 to $398.00 and set a “neutral” rating for the company in a report on Wednesday, October 7th. Barclays lifted their price objective on Everest Group from $420.00 to $430.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Wells Fargo & Company boosted their target price on Everest Group from $396.00 to $428.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Cantor Fitzgerald upped their target price on Everest Group from $390.00 to $419.00 and gave the company a “neutral” rating in a report on Monday. Five research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Everest Group presently has an average rating of “Hold” and an average target price of $426.27.

Everest Group Price Performance

EG stock opened at $411.04 on Wednesday. The stock has a market capitalization of $15.22 billion, a price-to-earnings ratio of 8.69, a PEG ratio of 0.58 and a beta of 0.23. The firm’s 50-day moving average price is $380.17 and its two-hundred day moving average price is $354.08. The company has a current ratio of 0.36, a quick ratio of 0.35 and a debt-to-equity ratio of 0.25. Everest Group has a 12-month low of $304.55 and a 12-month high of $421.52.

Everest Group (NYSE:EG) last posted its earnings results on Wednesday, October 28th. The company reported $7.62 earnings per share for the quarter, missing analysts’ consensus estimates of $9.38 by ($1.76). The firm had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Everest Group had a return on equity of 13.71% and a net margin of 11.70%. The business’s revenue for the quarter was down 14.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.54 earnings per share. As a group, equities analysts predict that Everest Group will post 53.28 earnings per share for the current year.

Hedge Funds Weigh In On Everest Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC bought a new position in shares of Everest Group in the 2nd quarter worth about $29,000. Provenance Wealth Advisors LLC boosted its stake in Everest Group by 1,283.3% during the third quarter. Provenance Wealth Advisors LLC now owns 83 shares of the company’s stock worth $30,000 after acquiring an additional 77 shares in the last quarter. Root Financial Partners LLC increased its stake in shares of Everest Group by 70.1% during the first quarter. Root Financial Partners LLC now owns 165 shares of the company’s stock valued at $54,000 after purchasing an additional 68 shares in the last quarter. USA Financial Formulas purchased a new position in shares of Everest Group during the third quarter valued at approximately $77,000. Finally, Transamerica Financial Advisors LLC purchased a new position in shares of Everest Group during the second quarter valued at approximately $80,000. Hedge funds and other institutional investors own 92.64% of the company’s stock.

Key Everest Group News

Here are the key news stories impacting Everest Group this week:

• Positive Sentiment: Analysts have lifted their price targets: Wells Fargo raised its target to $428 and Cantor Fitzgerald to $419, both retaining neutral or equal-weight views; UBS raised its target to $423 with a neutral rating. The revisions suggest modest potential upside, though the ratings are not bullish. Cantor Fitzgerald target update Wells Fargo target update
• Neutral Sentiment: Several law firms publicized the same securities class action against Everest. Investors who purchased shares from February 8, 2024, through October 27, 2025, may seek lead-plaintiff status by December 28, 2026; the filings allege the company and executives made false or misleading statements. The notices do not establish that the allegations are true. Class action notice
• Negative Sentiment: The securities litigation could weigh on sentiment because it raises potential legal costs and uncertainty for Everest. The case was filed in federal court and alleges violations of securities laws. Securities lawsuit announcement

Everest Group Company Profile

Everest Group, Ltd. is a global insurance and reinsurance company that provides property and casualty coverage to businesses, institutions, and other insurers. Its operations focus on assuming and managing risks through reinsurance, as well as offering insurance products in selected specialty and commercial markets.

The company’s reinsurance business supports insurers across lines such as property, casualty, specialty, and other risks. Through its insurance platform, Everest provides coverage for commercial customers and specialty exposures, including property, casualty, professional liability, and other products that may vary by market.