A number of other research firms have also recently commented on TPRE. TheStreet cut shares of Third Point Reinsurance from a c rating to a d+ rating in a research note on Thursday, February 28th. Zacks Investment Research raised shares of Third Point Reinsurance from a strong sell rating to a buy rating and set a $13.00 price target for the company in a research report on Wednesday, March 6th. One analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of $12.50.
Shares of NYSE:TPRE traded up $0.11 during trading on Monday, reaching $11.09. The stock had a trading volume of 689,823 shares, compared to its average volume of 727,272. The stock has a market capitalization of $1.03 billion, a P/E ratio of -3.39, a P/E/G ratio of 0.26 and a beta of 1.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.82 and a current ratio of 0.82. Third Point Reinsurance has a one year low of $8.85 and a one year high of $14.40.
Third Point Reinsurance Company Profile
Third Point Reinsurance Ltd., through its subsidiaries, provides specialty property and casualty reinsurance products to insurance and reinsurance companies worldwide. It underwrites homeowners' and commercial, workers' compensation, personal automobile, mortgage, and multi-line reinsurance products; professional, transactional, and general liability reinsurance products; and marine, travel, and extended warranty reinsurance products.
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