Wells Fargo & Company Raises W.R. Berkley (NYSE:WRB) Price Target to $67.00

Posted by on Jul 9th, 2026

W.R. Berkley (NYSE:WRB – Get Free Report) had its price target raised by equities researchers at Wells Fargo & Company from $58.00 to $67.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “underweight” rating on the insurance provider’s stock. Wells Fargo & Company‘s target price points to a potential downside of 6.52% from the company’s current price.

Several other analysts have also commented on the company. Brean Capital lowered W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 price objective on the stock. in a report on Wednesday, March 25th. Bank of America dropped their price objective on shares of W.R. Berkley from $68.00 to $67.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. The Goldman Sachs Group raised W.R. Berkley from a “neutral” rating to a “buy” rating and upped their price target for the company from $71.00 to $73.00 in a research note on Monday, June 8th. Barclays reaffirmed an “underweight” rating and set a $62.00 price objective (down from $64.00) on shares of W.R. Berkley in a research report on Friday, June 12th. Finally, Wall Street Zen upgraded W.R. Berkley from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Three investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $69.75.

Check Out Our Latest Report on WRB

W.R. Berkley Stock Performance

Shares of NYSE:WRB traded up $0.39 on Thursday, hitting $71.67. 1,233,563 shares of the company were exchanged, compared to its average volume of 2,212,928. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.29. The stock’s 50 day moving average price is $67.78 and its 200 day moving average price is $68.26. The firm has a market capitalization of $26.68 billion, a P/E ratio of 15.21, a price-to-earnings-growth ratio of 3.38 and a beta of 0.29. W.R. Berkley has a 1-year low of $62.87 and a 1-year high of $78.96.

W.R. Berkley (NYSE:WRB – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The insurance provider reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.17. W.R. Berkley had a return on equity of 18.92% and a net margin of 12.64%.The business had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.18 billion. During the same period in the prior year, the company earned $1.01 earnings per share. The company’s revenue was up 1.3% on a year-over-year basis. Sell-side analysts predict that W.R. Berkley will post 4.67 EPS for the current year.

Institutional Investors Weigh In On W.R. Berkley

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Stance Capital LLC boosted its position in shares of W.R. Berkley by 376.1% in the 3rd quarter. Stance Capital LLC now owns 48,119 shares of the insurance provider’s stock valued at $3,687,000 after purchasing an additional 38,013 shares during the period. Stoneridge Investment Partners LLC purchased a new position in shares of W.R. Berkley during the fourth quarter worth approximately $2,801,000. Generali Asset Management SPA SGR acquired a new position in shares of W.R. Berkley in the 4th quarter valued at $1,630,000. Eagle Rock Investment Company LLC raised its position in W.R. Berkley by 18.8% in the 4th quarter. Eagle Rock Investment Company LLC now owns 118,876 shares of the insurance provider’s stock valued at $8,336,000 after purchasing an additional 18,820 shares during the last quarter. Finally, Citadel Investment Advisory Inc. boosted its stake in W.R. Berkley by 105.4% during the 4th quarter. Citadel Investment Advisory Inc. now owns 29,693 shares of the insurance provider’s stock worth $2,082,000 after purchasing an additional 15,240 shares during the period. 68.82% of the stock is currently owned by institutional investors and hedge funds.

W.R. Berkley Company Profile

(Get Free Report)

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.

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Analyst Recommendations for W.R. Berkley (NYSE:WRB)

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