Were Analysts Bullish XL Group Ltd (NYSE:XL) This Week?

August 9, 2018 - By Mark Babin

XL Group Ltd (NYSE:XL) LogoInvestors sentiment decreased to 0.5 in 2018 Q1. Its down Infinity, from Infinity in 2017Q4. It fall, as 1 investors sold XL Group Ltd shares while 1 reduced holdings. 0 funds opened positions while 1 raised stakes. 39,259 shares or 72.15% less from 140,954 shares in 2017Q4 were reported.
Cibc Ww Markets accumulated 33,304 shares. 5,489 were accumulated by Focused Wealth Inc. Gemmer Asset Ltd Liability Company owns 466 shares.

Since February 20, 2018, it had 0 buys, and 1 insider sale for $2.68 million activity.

XL Group Ltd (NYSE:XL) Ratings Coverage

Among 9 analysts covering XL Group (NYSE:XL), 1 have Buy rating, 0 Sell and 8 Hold. Therefore 11% are positive. XL Group has $5800 highest and $43.0 lowest target. $53.03’s average target is -5.88% below currents $56.34 stock price. XL Group had 10 analyst reports since February 20, 2018 according to SRatingsIntel. JMP Securities downgraded the stock to “Market Perform” rating in Monday, March 12 report. The rating was downgraded by Keefe Bruyette & Woods to “Hold” on Thursday, March 8. The rating was upgraded by RBC Capital Markets to “Outperform” on Tuesday, May 8. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, February 20. The firm has “Neutral” rating by UBS given on Monday, March 19. FBR Capital maintained XL Group Ltd (NYSE:XL) rating on Wednesday, April 11. FBR Capital has “Hold” rating and $5700 target. On Friday, March 9 the stock rating was downgraded by Wood to “Market Perform”. Barclays Capital downgraded the stock to “Hold” rating in Monday, April 2 report. Citigroup maintained XL Group Ltd (NYSE:XL) rating on Friday, March 9. Citigroup has “Neutral” rating and $57.6 target. The company was maintained on Friday, March 2 by Sandler O’Neill. Below is a list of XL Group Ltd (NYSE:XL) latest ratings and price target changes.

08/05/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
11/04/2018 Broker: FBR Capital Rating: Hold New Target: $57.0000 Maintain
02/04/2018 Broker: Barclays Capital Rating: Hold New Target: $58.0000 Downgrade
19/03/2018 Broker: UBS Old Rating: Buy New Rating: Neutral Old Target: $45 Downgrade
12/03/2018 Broker: JMP Securities Old Rating: Market Outperform New Rating: Market Perform Downgrade
09/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $43 New Target: $57.6 Maintain
08/03/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $57.6 Downgrade
09/03/2018 Broker: Wood Old Rating: Outperform New Rating: Market Perform Downgrade
02/03/2018 Broker: Sandler O’Neill Rating: Hold New Target: $43.0 Maintain
20/02/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $42 New Target: $50 Maintain

The stock decreased 0.07% or $0.04 during the last trading session, reaching $56.34. About 777,009 shares traded. XL Group Ltd (NYSE:XL) has risen 28.32% since August 9, 2017 and is uptrending. It has outperformed by 15.75% the S&P500.

XL Group Ltd, through its subsidiaries, operates as an insurance and reinsurance firm worldwide. The company has market cap of $14.58 billion. The firm operates in two divisions, Insurance and Reinsurance. It currently has negative earnings. The Insurance segment offers casualty programs comprising primary and excess casualty, environmental liability, and excess and surplus lines; energy, property, and construction insurance; professional lines, such as directorsÂ’, officersÂ’ liability, errors and omissions, employment practices, crime, fiduciary, technology, and cyber liability coverages; and specialty lines, including the aviation and satellite, marine, fine art and specie, equine, livestock and aquaculture, crisis management, political risk, trade credit and life, and accident and health insurance products.

Another recent and important XL Group Ltd (NYSE:XL) news was published by Benzinga.com which published an article titled: “Earnings Scheduled For July 31, 2018” on July 31, 2018.

XL Group Ltd (NYSE:XL) Ratings Chart

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