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Analysts Have Conflicting Sentiments on These Financial Companies: SoFi (SOFI) and Renaissancere Holdings (RNR)

Tipranks - Tipranks - Wed Oct 28, 9:36PM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on SoFi (SOFI) and Renaissancere Holdings (RNR).

SoFi (SOFI)

Citi analyst Peter Christiansen maintained a Buy rating on SoFi yesterday and set a price target of $30.00. The company’s shares closed last Tuesday at $16.40, close to its 52-week high of $18.42.

According to TipRanks.com, Christiansen is a 1-star analyst with an average return of -0.7% and a 48.3% success rate. Christiansen covers the Technology sector, focusing on stocks such as Pagaya Technologies Ltd, Clarivate, and Alight.

Currently, the analyst consensus on SoFi is a Moderate Buy with an average price target of $20.47, representing a 28.1% upside. In a report issued on October 26, Monness also initiated coverage with a Buy rating on the stock with a $20.00 price target.

See the top stocks recommended by analysts >>

Renaissancere Holdings (RNR)

In a report released yesterday, Bob Huang from Morgan Stanley maintained a Hold rating on Renaissancere Holdings, with a price target of $325.00. The company’s shares closed last Tuesday at $341.22.

According to TipRanks.com, Huang is a 1-star analyst with an average return of -0.6% and a 54.0% success rate. Huang covers the Financial sector, focusing on stocks such as Hamilton Insurance Group, Ltd. Class B, Bowhead Specialty Holdings Inc., and American International Group.

Currently, the analyst consensus on Renaissancere Holdings is a Moderate Buy with an average price target of $344.78, representing a -1.6% downside. In a report issued on October 12, KBW also maintained a Hold rating on the stock with a $350.00 price target.

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