Third Point Reinsurance Ltd (TPRE) PT Lifted By CITI – ValueWalk Premium
Third Point Results

Third Point Reinsurance Ltd (TPRE) PT Lifted By CITI

“In our view, Third Point Reinsurance Ltd (NYSE:TPRE) is well positioned to weather current soft market conditions since its results are driven primarily by investment performance rather than underwriting,” says a research note on Third Point Reinsurance by Citi analyst Erik J Bass. “As a result, Third Point Reinsurance’s returns should hold up better than traditional reinsurers’, warranting a higher P/BV multiple.”
Third Point Reinsurance: Latest estimates
Citi currently maintains a Neutral rating on the stock but has moved up the price target from $15.50 to $18.00.

For the fourth quarter, Citi estimates EPS of . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0