Xl Group Plc Stock Rating Reaffirmed by Sanford C. Bernstein (XL)
Xl Group Plc (NYSE: XL)‘s stock had its “market perform” rating reiterated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Tuesday. They currently have a $27.00 price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Janney Montgomery Scott upgraded shares of Xl Group Plc from a “neutral” rating to a “buy” rating in a research note to investors on Friday, February 15th. Separately, analysts at S&P Equity Research raised their price target on shares of Xl Group Plc from $30.00 to $32.00 in a research note to investors on Monday, February 11th. They now have a “buy” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Xl Group Plc in a research note to investors on Monday, February 11th. They now have a $30.00 price target on the stock.
Nine equities research analysts have rated the stock with a buy rating, one has given an overweight rating, and eight have given a hold rating to the stock. The stock currently has a consensus rating of “overweight” and a consensus price target of $29.57.
Xl Group Plc traded up 1.31% on Tuesday, hitting $29.42. Xl Group Plc has a 52-week low of $19.52 and a 52-week high of $29.23. The stock’s 50-day moving average is currently $27.96. The company has a market cap of $8.841 billion and a price-to-earnings ratio of 13.83.
Xl Group Plc last issued its quarterly earnings data on Thursday, February 7th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.32) by $0.45. During the same quarter in the previous year, the company posted ($0.25) earnings per share. Analysts expect that Xl Group Plc will post $2.55 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, April 1st. Investors of record on Friday, March 15th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Wednesday, March 13th.
XL Group plc (XL) through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and, professional firms, insurance companies and other enterprises on a worldwide basis.
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